Shipping containers are seen at the Port Newark Container Terminal in Newark, New Jersey, U.S. on July 2, 2009.
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REUTERS/Mike Segar/File Photo

The proposal for a "border adjustment tax," sponsored by House Speaker Paul Ryan and other House Republicans, has divided the business community and economic professionals alike. Caroline Freund summarizes PIIE's views on border adjustment tax as proposed and whether it would create more problems than it would solve on issues related to US economic well-being, trade, finance, and tax burden equity.

Photo Credit: 
REUTERS/Mike Segar/File Photo