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100			_aPal, Parthapratim and Ray, Partha _953949
245			_a The tariff tantrum and its justification: Dubious foundation of questionable economics
260			_aEconomic & Political Weekly
300			_a60(17), Apr 26, 2025: p.19-22
520			_aThe United States authorities try to justify the imposition of tariffs as a response to persistent US trade deficits and the perceived decline of domestic manufacturing, arguing that trade imbalances undermine advanced manufacturing capacity and critical supply chains. However, this argument overlooks several other factors that influence the US trade deficit and domestic economy. The US formula for calculating tariffs is particularly problematic, relying on questionable parameter values for tariff pass-through and price elasticity. Applying high tariffs on all imports lacks theoretical support and risks major disruptions to global supply chains, raising costs for US producers and consumers.- Reproduced https://www.epw.in/journal/2025/17/commentary/tariff-tantrum-and-its-justification.html
773			_aEconomic & Political Weekly
942			_cAR