Industrial Quote by Scott Bessent

The truth is that tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically important industries…

— Scott Bessent

The primary reason for a tariff is that it enables the exploitation of the domestic consumer by a process indistinguishable from sheer robbery.

— Albert J. Nock

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

— Ambrose Bierce

For too long, the conventional wisdom has rejected the use of tariffs as a tool of both economic and foreign policy. However, like Alexander…

— Scott Bessent

Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.

— Paul Craig Roberts

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the…

— Thomas Sowell

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread…

— Milton Friedman

By strengthening our trade laws, we level the playing field for American businesses.

— Ruben Gallego

I would recommend that tariffs be layered in gradually.

— Scott Bessent

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

— Stephen Moore

Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going…

— Wilbur Ross

Trade plays an important role in empowering our nation, growing its economy, creating domestic jobs, and enhancing American competitiveness in the global chain of…

— Charles Boustany