Trump's border tax could damage the US a lot more than a wall | Kenneth Rogoff

Republican plan aims to close trade deficit and raise revenue - but it could hurt importers and spark short-term job losses In many ways, the Republican party's plan to implement a "border adjustment tax" in the United States is the virtual complement of the physical wall Donald Trump plans to erect on the US-Mexican border. Although the border adjustment tax has not seeped into public consciousness in nearly the same way as Trump's physical wall has, it could end up affecting the average Americ...