Why We Can't Have Nice Things: The Great Baby Formula Shortage of 2022

Why We Can't Have Nice Things: The Great Baby Formula Shortage of 2022 - RIC BOEHM

• A combination of "absurdly high" federal tariffs and excessive FDA regulations created the conditions for a crisis.

"...With domestic supply chains snarled, it would have made sense for American grocery stores to turn to foreign producers for replacement supplies of baby formula. 

Unfortunately, there are "absurdly high" tariffs on imported formula, explains Gabriella Beaumont-Smith, a trade policy analyst at the Cato Institute...