Tariffs and Price-Fixing Conspiracies
https://lawreview.uchicago.edu/online-archive/tariffs-and-price-fixing-conspiracies
In the first days of his second administration, Donald Trump announced a series of steep tariffs on goods imported into the United States. In addition to angering America’s trading partners, the tariffs have frustrated American consumers already worried about inflation. Although importing firms may absorb some of the assessed levy, tariffs generally have an inflationary effect. This Essay explores a less appreciated mechanism by which tariffs increase prices: facilitating the creation and maintenance of illegal price-fixing conspiracies.