Debunking James Allsup on Trump’s Tariffs

Much has been made about President Trump’s tariffs on steel and aluminum. In this video I review James Allsup’s defense of them. Bottom line, tariffs are an effort by government to interfere with the market and thus doomed to fail.

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Academic Sources:

Sowell, T. (2014). Basic Economics. New York, NY: Basic Books.

http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7287.2012.00343.x/abstract?deniedAccessCustomisedMessage=&userIsAuthenticated=false

Articles Cited:

https://www.heritage.org/index/country/china

https://www.investopedia.com/news/where-does-us-import-steel/

https://www.investopedia.com/terms/s/smoot-hawley-tariff-act.asp

https://www.cnsnews.com/blog/gregory-gwyn-williams-jr/americans-consume-63-billion-gallons-beer-annually

http://www.beerinstitute.org/press-releases/beer-institute-condemns-president-trumps-announcement-impose-tariffs-aluminum-imports-next-week/

https://www.statista.com/statistics/199974/us-car-sales-since-1951/

https://www.investopedia.com/-/trumps-steel-and-aluminum-tariffs-facts-and-myths/

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