Inflation is top of mind for millions of voters as high prices continue to eat away at our wallets and erode our paychecks. President Joe Biden is responding to this serious problem with silly deflections, blaming everyone from Russian President Vladimir Putin to the governor of Texas. But if he actually wants to address the issue, there’s one simple thing Biden can do to lower prices drastically and help struggling families: lower trade barriers and tariffs.
At least, that’s the finding of a new policy paper from the pro-trade Peterson Institute for International Economics.
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