The Richer Other Countries Become, We Get Exponentially Richer

I’m not a tariff guy. I am a free trade absolutist. Tariffs have always been a bad word. The machinations of the “custom house” helped spark both the Revolutionary War and the Civil War.

In this article, I’ll explain how tariffs can be very bad. But I’ll also argue that—at this moment—the mere threat of tariffs, or even their implementation, might be very, very good. Either way, they must be handled very gingerly.