In our textbook, Tyler and I give an amusing example of how entrepreneurs circumvented U.S. tariffs and quotas on sugar. Sugar could be cheaply imported into Canada and iced tea faced low tariffs when imported from Canada into the U.S., so firms created a high-sugar iced “tea” that was then imported into the US and […]
Tariff Shenanigans
Tariff Shenanigans
15 Jul 2025 Leave a comment
in applied price theory, international economic law, international economics, politics - USA Tags: free trade, offsetting behavior, tarrifs
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