Tariffs: Tax Hikes Wrapped in the Flag
Trump’s tariffs are simply, in the words of economist Murray Rothbard, “not only nonsense, but dangerous nonsense, destructive of all economic prosperity.” Business owners who are suffering from this ham-handed government intervention should be the first to complain, whether having voted for Trump or not.
I asked a friend of a business owner (a fan of the president), what the owner thought of the tariffs. “He’s for them,” came the answer.