Advantage Quote by Maria Bartiromo
![“What [Donald] has put up for question is this idea of tariffs. Initially, he said if China won't stop taking advantage of us and manipulating their currency, then I will put tariffs in place. That spooked everybody because if you charge China a fee and an extra tariff for anything they bring into…” quote by Maria Bartiromo](https://sms4smile.com/quotes/img-quotes/b04/maria-bartiromo-12020_advantage_what-donald-has-put-up-for-question-is-t_2822629.jpg)
“What [Donald] has put up for question is this idea of tariffs. Initially, he said if China won't stop taking advantage of us and manipulating their currency, then I will put tariffs in place. That spooked everybody because if you charge China a fee and an extra tariff for anything they bring into the United States, what's going to happen is that companies carrying those goods are going to raise prices. It's going to be expensive for people. People got scared of that, but then he walked that [idea] back. I don't think anybody is expecting heavy tariffs on anything.”
About This Quote
Source Speech: Public remarks on trade policy, 2023
Tariffs are taxes on imports intended to protect domestic markets, but they can raise consumer prices and provoke retaliation.
In simple terms: Tariffs protect local businesses but can increase prices and cause trade tensions.
Key Takeaway
Consider broader impacts before imposing tariffs.
Themes
economics
policy
trade
Mood
analytical
concerned
Type
explanatory
policy‑analysis
When to use this quote
- business strategy
- consumer budgeting
- government negotiations
Key Concepts
protectionism
global supply chains
Questions to Reflect On
- What alternatives exist to protect domestic industries?
- How can policymakers balance protection and affordability?
A Different Perspective
Tariffs may harm domestic consumers and strain international relations.
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![“When it comes to economics, president-elect [Donald] Trump has promised to revive American manufacturing, get tough on trade with China, cut taxes and invest in infrastructure.” quote by Judy Woodruff](https://sms4smile.com/quotes/img-quotes/f3e/judy-woodruff-4310_china_when-it-comes-to-economics-president-ele_1349976.jpg)
![“Longer-term, I think the markets would rally under a [Donald] Trump plan and sell-off on a [Hillary] Clinton policy.” quote by Maria Bartiromo](https://sms4smile.com/quotes/img-quotes/468/maria-bartiromo-12020_clinton_longer-term-i-think-the-markets-would-ra_103519.jpg)
![“Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then [these?], any man might instantly use what another had invented; so that the inventor had no special advantage from his own invention. The patent system changed this…” quote by Abraham Lincoln](https://sms4smile.com/quotes/img-quotes/449/abraham-lincoln-88_adoption_next-came-the-patent-laws-these-began-in_1828.jpg)
