Trump tariffs are ‘a recipe for making Americans worse off,’ Cato Institute says

Trump tariffs are ‘a recipe for making Americans worse off,’ Cato Institute says

No one will be economically better off if reciprocal tariffs are imposed and a trade war escalates, the libertarian think tank told Fortune.

The Treasury Targets Border Residents: A Q&A with Nicholas Anthony, Finance Policy Expert at the Cato Institute

A casa de cambio in Brownsville, Texas. One of the border cities targeted by the U.S. Department of Treasury. (Photo credit: Najlah Feanny via Getty)Subscribe nowWith so many changes being announced daily by the Trump administration, it can be difficult to keep up. One big change, however, has largely flown under the radar, even though it will have a huge impact on border communities: under a new Treasury Department policy, people in Texas and C…