Reciprocal Tariffs Are Not Enough

Trade

Reciprocal Tariffs Are Not Enough

Reciprocity may be rhetorically expedient, but it has always been incompatible with tariff protection and tariff revenue goals.

(Andrew Harnik/Getty Images)

“Tariff reciprocity” sounds good, right? Not to anyone who has studied U.S. trade policy. As the seminal authority on trade, the former Ambassador Robert Lighthizer...