“Across-the-Board Tariffs on China with Retaliation and Federal Spending Create Over 1 Million Jobs in Five Years” — Menzie Chinn

Summary:
I’ve read the “working paper” (and the preceding paper) a couple of times, and am not clear what happens — the results are based on splicing two models (REMI and BCG data) and running out the results. Alarm bells went off in my head when I read this: You decide.Econbrowser“Across-the-Board Tariffs on China with Retaliation and Federal Spending Create Over 1 Million Jobs in Five Years”Menzie Chinn | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics

Topics:
Mike Norman considers the following as important: Free Trade, protectionism, tariffs, US employment

This could be interesting, too:

Angry Bear writes Why the Democrats’ love affair with ‘free trade deals’ is over

Dan Crawford writes Tariffs and Inflation

Mike Norman writes The Cheapest Way For Trump To Save U.S. Oil — Lourcey Sams

Mike Norman writes Bill Mitchell — US Labour Market – not yet at full employment despite low unemployment