Tariffs in Perspective

1910 Republican campaign poster.

Charles G. Mills does a good, and succinct, job of explaining tariffs, historically and politically.

President Trump has proposed significant tariffs on the importation of steel and aluminum. Should we support or oppose these measures? The answer is not simple; it lies in the details of the tariff law, rather than in a single principle about all tariffs. On balance, a significant tariff on steel and aluminum is worthy of support, despite its harmful effects.

RTWT