โข
Tariffs can’t bring back jobs and raise significant revenue at the same time. In fact, they’re unlikely to do either.
Whether subsidizing our own producers or punishing those abroad, tariffs inevitably become handouts to the politically powerful.
Protectionism can’t enrich the country as a whole, only boost certain individuals and industries while impoverishing the rest.
โข
Tariff increases might make good political sense, but they are bad economic policy.
โข
Tariffs can’t bring back jobs and raise significant revenue at the same time. In fact, they’re unlikely to do either.
Whether subsidizing our own producers or punishing those abroad, tariffs inevitably become handouts to the politically powerful.
Protectionism can’t enrich the country as a whole, only boost certain individuals and industries while impoverishing the rest.
โข
Tariff increases might make good political sense, but they are bad economic policy.
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