Don't expect much sympathy for that view here on FR. I too have voiced the idea that Trump is too smart not to get some some good Austrian Advice on the subject of trade and tariffs. But I'm not certain that he actually will.
When it comes to trade policy in particular there isn't a dimes worth of difference between Trump and Bernie Sanders. That fact is conveniently overlooked here on FR.
Trump is wrong about the value of tariffs. Taxing the American people for buying foreign goods will hurt the economy in the both short run and the long run. Trump had better figure that out or we are going to be in big trouble when he is elected in November (as I expect he will be).
Fixed it. No charge buck wheat.
"Don't expect much sympathy for that view here on FR."
I don't. Many here like the protectionist approach, which sounds good but, unfortunately, history shows it does not result in "America first" in the long run.
But Trump is making political hay out of this issue. I hope he'll reconsider his tactics when he gets in office.
Regardless - go Trump!
You’d better figure out that jobs in America produces money in the pockets of Americans that is spent in America putting more money in the pockets of Americans that they can spend on American goods which causes more Americans to be working instead of on the public dole and our economy takes an upswing as a result. A rising tide floats all boats. Problem is America’s big lake has been drained by foreigners. Time to fill up our own Lake instead of China’s. When competition comes back into play when we are manufacturing our needs instead of paying for things ten times over because they are five cents cheaper, we’ll start to recognize the money saved by quality production. Americans have been sold a bill of goods to buy cheap instead of to buy wisely. Free Trade is free for everyone but us. I don’t like rules that cripple the US Economy which is NO LONGER the number one in the World. WISE UP!
Many economic issues are being overlooked herein including his most recent foolhardy comments on national debt. I would certainly like to know the names of his economic policy advisors.
“Every philosophy of mercantilism is a philosophy of a gun stuck in the belly of another American. Every mercantilist idea is a defense of gun-in-the-belly economics.” Hayek
https://mises.org/library/free-trade-litmus-test-economics