By Spencer P. Morrison:
The logic seems straightforward enough: tariffs increase costs and these costs invariably get passed on to consumers. Thus, tariffs won’t punish China—they’ll punish American consumers. We will pay the price for Trump’s ignorant bravado.
But, as always, the “experts” are wrong. Tariffs will not hurt American consumers, they’ll actually make America richer in the long run.
Read more: American Greatness