The 20% “Tariff”

The President is floating an idea of a 20% tariff. This is one of the few topics that a vast majority of economists can agree on: this is a bad idea. It's an attempt to get Mexico to pay for the wall but will more likely lead to a trade war. Governments and businesses are more likely to benefit from a trade war than consumers. Protectionism in today's increasingly global economy is not a good idea.