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Beware the Unintended Consequences of Tariffs

Beware the Unintended Consequences of Tariffs
Rolls of steel are seen at a steel market in Fuyang, Anhui Province, China, on Feb. 10, 2025. AFP via Getty Images
Anders Corr
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Commentary

The United States on Feb. 10 increased tariffs on steel and aluminum by an additional duty of 25 percent, on top of existing tariffs. The tariffs will go into effect March 12. Reciprocal tariffs against countries that tariff the United States will also likely be imposed in the near future.

Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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