Tariff Smartness in Australia – The Future of Freedom Foundation

Tariff Smartness in Australia – The Future of Freedom Foundation

As the Wall Street Journal has repeatedly emphasized, President Trump’s tariffs are dumb. Very dumb, not only because they damage people in the targeted country but also the American people. Tariffs are a sales tax imposed on American consumers. An increase in taxes are never a good thing for people. Moreover, tariffs impose economic harm on the people in the targeted country because higher taxes result in a decrease in sales for foreign produce…