The Montana Farmers Union reports the Trump Administration’s widespread tariffs already caused a significant drop in the price of several crops -- and they say
Being pro-tariff can (and should) be like being pro-modern medicine. Targeted use saves lives, but the only difference between medicine and poison is the dosage and treatment vector. Tariffs should be used like every other regulation on the economy, but since Reagan the dosages of every regulation have all been way out of whack either way too low or way too high. There is a place for some protectionism, just not like this obviously.
Being pro-tariff can (and should) be like being pro-modern medicine. Targeted use saves lives, but the only difference between medicine and poison is the dosage and treatment vector. Tariffs should be used like every other regulation on the economy, but since Reagan the dosages of every regulation have all been way out of whack either way too low or way too high. There is a place for some protectionism, just not like this obviously.