Tariffs have been a central focus of the current U.S. administration, creating some confusion among Americans. To better understand the history of tariffs and their impact on the economy, CU Boulder interviewed Professor Emeritus of Economics, Keith Maskus. An IBS affiliate, Keith served as Chief Economist at the U.S. Department of State in 2016 and 2017. He clarifies what tariffs are, how they are being used by the current administration, and what we can do to prepare for economic changes.
