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Trade sentences to ponder
marginalrevolution.com/marginalrevolution/2025/05/trade-sentences-to-ponder.html
The IMF puts the hidden cost of trading goods inside the EU at the equivalent of a 45% tariff. For services the figure climbs to 110%, higher than Trump’s “Liberation day” tariffs on Chinese imports—measures many saw as a near-embargo.
These barriers are not direct taxes. Instead, a…
This story appeared on marginalrevolution.com, 2025-05-17 06:59:51.