Because Friedman's arguments, unfortunately, are correct only when all other variables in economic equations remain unchanged
Au contrare. Friedman argued that Country A's free market trade would benefit regardless of Country B's tariffs.
Trump raises taxes for companies outside America (tariffs)
Trump's tariffs raise taxes for AMERICAN CONSUMERS of targeted companies outside America.
Our founding fathers viewed tariffs as a tax on foreign companies wanting to sell into the American market. And as a voluntary tax on American citizens choosing to purchase foreign made goods instead of American goods.
Works for me.
Tariffs worked great for this country for it’s first 180 years. It’s time to bring them back.
Did you mean raise “prices?”
Tariffs are a government tax that artificially raises prices and government pockets the difference. It is essentially a tax on the American consumer.