Comment by simonh

6 days ago

They can be and are. The USA had tariffs on many products prior to Trump.

I think GPs point was that Tariffs are legitimate as a practice and that some people have been led to believe that they shouldn't exist at all.

  • Can you make an example of a tariff from the last 100 years that definitely benefitted the US in a long-lasting way?

    • How do you feel about allowing the import of goods from nations using slavery to create those goods? Would you be okay with a foreign nation undercutting domestic production as a strategy to destroy your industry to control a market?

      That's aside from my position that most taxes should be at a point of trade/exchange.

      4 replies →

    • Softwood lumbar from Canada.

      US stumpage fees are set by the market, while Canada sets a below market fee.

      Tariff adjusts cost of softwood lumbar from Canada to adjust for this.

      Where is my prize?

    • There's a tarriff on sugar that means we have to use HFCS in processed foods and beverages. Oh wait...