The Menace of Tariffs

Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. In Trump’s opinion, tariffs are a great idea. Here is what he said about them in an interview last month: “Trump has proposed a 10 percent across-the-board tariff on all imports and 60 percent on goods from China. During Tuesday’s remarks, he singled out imported cars for higher trade duties, saying he would slap a100, 200 or 300 percent tariff on cars made in Mexico.

The US Just Escalated its Proxy War with Russia. Rothbard Explains Why that’s a Problem.

This week, the people who run the Biden administration escalated tensions between Russia and the US by giving the Ukrainian regime authorization to use American-made (and presumably American-funded) ATACMS ballistic missiles against targets inside Russia itself.

This significantly raises the stakes of the US-Russia conflict because it put the US in the position of directly funding and encouraging attacks on Russian territory.