Around the world Quote by Thomas Sowell

Many economists and industry experts agree that the United States faces unfair competition and artificially low prices that have damaged the domestic steel industry.…

— Annie Lowrey

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

— Stephen Moore

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

In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true…

— Christina Romer

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

Used strategically, tariffs can increase revenue to the Treasury, encourage businesses to restore production and reduce our reliance on industrial production from strategic rivals.

— Scott Bessent

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

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

Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S.…

— Max Baucus

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

— Ambrose Bierce

Our tariff and trade policy should bring manufacturing back to the U.S., support the working class, and hold countries accountable for unfair trade practices…

— Ruben Gallego

If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough…

— Daniel T. Griswold