Sunday, March 11, 2018

The Tariff Trap

In instances where trade is fair, I am a free trader. Tariffs raise prices for consumers. Tariffs start trade wars. When trade is fair, tariffs are an awful idea. I think President Trump is correct on these tariffs because trade has been anything but fair, particularly with Red China manipulating their currency, engaging in widespread industrial espionage and theft of intellectual property, and dumping in an effort to destroy US industries, particularly strategic ones.

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