Trade and macroeconomist, policy researcher, commentator and failed squash star living in Manila. Views expressed are mine, not my employer’s.
1) they hit poor households the most, as they consume more of their $$ on goods #regressive
2) they hurt your own competitiveness when imposed on parts & components #owngoal
3) for small developing countries: incentive 4 domestic rather than #export focus
Reposted by Gonzalo Varela