Tariffs Won’t Likely Fix the Trade Deficit

Tariffs Won’t Likely Fix the Trade Deficit
A section of a turbine generator is prepared for shipping from the manufacturing plant of the Westinghouse Electric Corporation in East Pittsburgh, Pa., on May 24, 1960. FPG/Archive Photos/Getty Images
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Commentary

It’s to Donald Trump’s credit that he sounded the alarm on American economic prospects, particularly as regards manufacturing. It should strike anyone as alarming and strangely unusual that the greatest manufacturing country in the world, dominant in every industry with skills and infrastructure stretching coast to coast, would in the course of 50 years have it all nearly gutted.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]