Developing Quote by Hilary Benn

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his consumer.

— Ambrose Bierce

Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps one tenth…

— Milton Friedman

Rich countries want unfettered access to poor countries' markets, which are often heavily protected by tariffs, but they don't want to give up all…

— Daniel Altman

“Recent evidence confirms that retail prices of essential consumer goods in poor countries are not appreciably lower than in the United States or Western…

— Vincent A. Gallagher

The problem with tariffs is they shift higher costs onto the backs of non-protected industries and consumers.

— Stephen Moore

The EU has made it very clear that for frictionless trade and no tariffs on goods there is a mechanism for achieving that, but…

— Hilary Benn

Manufacturing value chains are global. Many U.S.-made goods have foreign components. Slapping on tariffs will raise prices and slow imports, but it will make…

— David Autor

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

— Joseph Stiglitz

We're going to bring a lot of money in on trade. We're going to bring a lot of money on reciprocal. You know, as…

— Donald Trump

The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined.

— John Bruton

As the U.S. is import-dependent, this will translate into higher domestic prices.

— Paul Craig Roberts

Do you seriously propose that they are going to be so insane as to allow tariffs to be imposed. The EU is, I'm afraid…

— Boris Johnson