Tariffs are not taxes “plain and simple”. They are also an effective method for diplomacy, negotiating trade deals, and protecting industries that are vital to US survival.
So when Bush “protected” the Steel Industry with tariffs and U.S. industries that consumed steel were greatly harmed, that was good for us. Got it.
“Protection” only means avoiding the consequences of competition. We can surely “protect” industries, which means they can avoid competing, delivering lower quality and quantity at higher prices.
Thanks, I’ll take the protection of the Free Market.
Tariffs are not taxes “plain and simple”. They are also an effective method for diplomacy, negotiating trade deals, and protecting industries that are vital to US survival. - pissant
Excellent point....and today it still used by “trading partners” of the United States....also China uses a form of tariff by floating their currency....and the EU uses a form of tariff by VAT rebates....which is why the Euros screamed over “Buy American”
I do wonder whose side the Free Traders are really on..
Tariffs are not taxes even though they increase the price consumers pay with all proceeds going to the fedgov? Uh, sure.
It's good to know the fedgov only uses tariffs (taxes) to protect the vital interests of American citizens and not to provide themselves with more money to spend on useless projects and graft that will guarantee they maintain their power and position. Tariffs (or quotas for that matter) are only used to protect industries that deserve protection and are never used to protect those who are politically connected (unions, big contributors etc)? When it comes to the issue of trade protection, the government all of a sudden transforms itself into an organization that can be trusted as being responsible, capable and reliable? If that's what you believe, why not just allow the fedgov to take over all production and distribution and protect everyone from everything? Oh yeah, that's what Barry wants to do and he's a Marxist.