I have a simple question for all defenders of tariffs. If tariffs benefit the economy, why shouldn’t we place them at every state, county, or even household border? I hope this idea sounds crazy because it is. Obviously everyone would … Read More
Tag: Tariffs
Import quotas like their brother tariffs are one of the unholy spawns of Protectionism. They do not benefit most people; they are designed to benefit special interest groups. They protect inefficient domestic businesses from efficient foreign competitors. Throughout this process, … Read More
Many Americans today, especially Republicans, hold the view that it is better to buy goods that are made in America. As a result, they support tariffs on imported goods, so that consumers are encouraged to “buy American.” Somehow they think … Read More