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Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.

He was previously a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney.

Desmond Lachman joined AEI after serving as a managing director and chief emerging market economic strategist at Salomon Smith Barney. He previously served as deputy director in the International ...