The Peterson Institute examines President Trump's idea of a "tariff-free" zone tweeted during last…
The Peterson Institute examines President Trump's idea of a "tariff-free" zone tweeted during last weekend's G7 Summit. A interesting idea, but can it be taken seriously in the context of current US trade rhetoric?
"Tariff-Free Zone:" Great Idea, But Is Trump Serious?
The blowup at the Charlevoix Summit in Quebec in the wake of President Trump's rejection of its communique has rightly dominated the headlines over the weekend. But Trump's proposal for a "tariff-free zone" to the assembled G-7 leaders (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) merits more attention as a tactic that could prompt a serious effort to avert a trade war and yield a constructive result.