Cato Slams Trump's 'Abusive' Use Of 'National Security' Tariffs

By Asher Stockler (March 9, 2021, 6:48 PM EST) -- A new report from the conservative Cato Institute decried the Trump administration's revival of Section 232 "national security" tariffs on Tuesday, calling on Congress to repeal the law that gives the White House broad deference to impose import restrictions.

The report highlights multiple ways in which, it says, Section 232 was abused by President Donald Trump and encouraged cronyism within domestic industry.

"That few companies benefit from these tariffs while the rest of the economy shoulders the costs is enough to question the reasonableness of such actions," the report says. "From the start, Section 232 was a key weapon in the...

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