We reaffirm our belief in the protective tariff to extend needed protection to our productive industries. We believe in protection as a national policy, with due and equal regard to all sections and to all classes. It is only by adherence to such a policy that the well being of the consumers can be safeguarded that there can be assured to American agriculture, to American labor and to American manufacturers a return to perpetrate American standards of life. A protective tariff is designed to support the high American economic level of life for the average family and to prevent a lowering to the levels of economic life prevailing in other lands.
In the history of the nation the protective tariff system has ever justified itself by restoring confidence, promoting industrial activity and employment, enormously increasing our purchasing power and bringing increased prosperity to all our people.
Good post. Thanks
Tariffs are excellent political and retaliatory instruments which Trump is willing use to get rid of them. A perfectly competitive world is no country have tariffs, this would lead to the optimum allocation of resources and greater wealth creation. But this world is far from perfect.
He knows they make no overall economic sense.
My guess is taking this course to draw workers to the GOP. It is a bomb thrown into the enemies camps.