Elena Nikulina

Scott Lincicome: U.S. tariffs on Thai rubber imports lack economic sense

Scott Lincicome: U.S. tariffs on Thai rubber imports lack economic sense
Tariffs on Thai rubber questioned

Scott Lincicome questions the economic rationale behind the Office of the U.S. Trade Representative's decision to impose higher tariffs on rubber imports from Thailand due to its trade surplus in that sector.

Lincicome states that this justification does not align with sound economic reasoning.

Lincicome has previously reported that tariffs are a leading concern in nearly every corporate investment meeting in North Carolina, according to Governor Stein’s comments (article). In another recent note, he observed that net U.S. liabilities reached 24 percent of global output in 2024, up from 6 percent in 2008 (article). The latest remarks build on his continued coverage of trade and economic policy issues.

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