Tariff advocates perpetuate the myth that the state can solve economic problems by imposing artificial barriers.
Tariff disputes are causing volatility under the new administration, but investors should have two bigger worries right now.
Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
For example, President Trump imposed a 25% tariff on all goods imported from Mexico and Canada (10% for Canadian oil), the US ...
“Protective tariffs distort domestic production by inducing domestic producers to commit labour and capital to produce goods and services that could have been acquired more cheaply on the ...
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
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