Tariffs: A hidden tax with devastating costs

Tariffs still a massive threat to our community

Re “Wall Street’s euphoria sends U.S. stocks to historic gains after Trump pauses most of his tariffs” (April 9): While pleased with the pause in most tariffs, I still have concerns. I believe they will “trickle down” costs and not benefits to all, and that the poorer ones will hurt most. The cost of an American assembled car will still include increases for parts shipped here from elsewhere. Costs of tariffs on metals and other materials for ho…

Tariffs, Capital Heterogeneity, and the Real Costs of Intervention: The Aluminum Example

This article was originally published by Richard Martin at The Mises Institute.  When a government imposes tariffs, the stated intention is simple: protect domestic industry, support local jobs, and strengthen national economic resilience. Yet, from the perspective of Austrian economics, specifically the insights of Ludwig von Mises and Frédéric Bastiat, tariffs are rarely successful in achieving their stated aims. Instead, they generate unseen …

Tariffs: A hidden tax with devastating costs

To the editor: As global markets predictably plunge in response to the sudden massive tariffs placed on goods imported into the United States, igniting a trade war that threatens a staggering halt, if not full reversal, to an economy that…

The Hidden costs in the Tariff War

Tariff wars are more than just a straightforward tax on imports—they create a cascade of hidden costs that can ripple through every level of an economy. Here are some of the key areas where these costs emerge.