In the #News #Economy #Politics - Tariffs: Overlooking Comparative Advantage in a Complex Global Economy
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Tariffs: Overlooking Comparative Advantage in a Complex Global Economy
Trump believes that tariffs will protect American Industries from foreign competition — manufacturing in China and Mexico, create jobs — encourage companies to manufacture in the US, provide negotiation leverage, and generate revenue that will make America wealthy again.
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The Tariffs, and Tariffs alone, created this vast wealth for our Country. Then we switched over to Income Tax. We were never so wealthy as during this period. Tariffs will pay off our debt and, MAKE AMERICA WEALTHY AGAIN! https://t.co/ZuAi9qCdai
— Donald J. Trump (@realDonaldTrump) January 3, 2025
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Source: http://www.edegrootinsights.com/2025/02/in-news-economy-politics-tariffs.html
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