protectionism, Tag

Reposted from Forbes By Tilak Doshi Trade protectionism has venerable roots in the history of economic thought, from Germany’s celebrated Friedrich List in the 1840s to Raul Prebisch who headed the UN’s...

In Understanding the Ethanol Tariff Issue I discussed the argument that the ethanol tariff is needed in order to prevent U.S. tax dollars from subsidizing imported ethanol. Here I discuss two other issues:

You probably saw the recent announcement that Brazil has lifted its tariff on imported ethanol until 2012. It's hoping to put pressure on the U.S. to remove or reduce its own import tariffs on the alternative fuel.