Interesting and little-known fact about our federal government is that, until the income tax was introduced, the government paid for itself by imposing tariffs on foreign goods.
Category: Tariffs
Free Trade Isn’t Free
Democrats think free trade — where the US doesn’t use tariffs to protect domestic industries, as Trump did with steel and aluminum — is good for the country, but they don’t get that it produces unemployment in those areas affected by cheap foreign imports, and what you end up with is a huge rust belt of poverty and hopelessness. Free trade isn’t free.
Another Win?
Looks like there may be another win for Trump. Chinese announce they will be lowering many of their tariffs next year.
How is the liberal press going to twist that story?