Baby Formula: How Government Regulations Cause Shortages. Eric Boehm & Keith Knight

by | May 28, 2022

…[I]mports of infant formula are subject to tariff-rate quotas of 17.5 percent after certain thresholds are met. As the name suggests, tariff-rate quotas are meant to be set high enough that they effectively block additional imports by making it unprofitable to pay the tariff.

– Boehm, Eric. “America’s Trade and Regulatory Policies Have Contributed to the Baby Formula Shortage” (May 9th, 2022) Reason.com

Eric Boehm is a reporter at Reason and was a national regulatory reporter for Watchdog.org.

Find his article archive at Reason here and follow him on Twitter here.

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About Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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