What Is the Rationale Behind Current US Tariff Policy?

It seems that, for President Donald Trump, the key for economic growth is demand for goods and services. In this view, the greater the demand, the greater the supply is via production and consumer spending, and thus the greater the economic growth. Now, part of the demand for domestically-produced goods and services originates from overseas. The meeting of this demand is called exports. Additionally, local residents exercise demand for goods and services produced overseas, which are imports.

Why Haters of Free Markets Love the Fruits of Free Markets

Consumers love choice, although many hate the idea of a free market. Consumers of all kinds love choice so much that live auction-style, buy-and-sell platforms have become the new free market spaces for many. Whether there is a free market resurgence or a small glimpse of it, platforms such as Whatnot, Property Room, Facebook Marketplace, Sotheby’s, and DealDash, to name a few are bringing free market concepts back into vogue.