Trade restrictions and protectionist measures are increasingly eroding economic freedom across the United States, according to analysis by the Cato Institute. Policies such as tariffs, import quotas, and subsidies for domestic industries distort market competition and raise consumer prices. These interventions often benefit narrow interest groups at the expense of broader economic efficiency and innovation. Historical data shows that periods of open trade correlate with stronger growth and greater prosperity. The report warns that a shift toward isolationism could weaken long-term competitiveness and undermine institutional trust in free markets.
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Protectionism Undermines Economic Freedom in the United States – Cato Institute
Protectionism Undermines Economic Freedom in the United States Cato Institute