Tarrifs

The goal of the United States government is to strengthen the middle class if that truly is the goal of the government, we need to understand how to do that and if it’s achieving our goals. Tariff barriers in fact weaken the middle class. At first tariffs raise prices, then they hurt manufacturing, finally they hurt the middle-class job creation and the nation’s prosperity.
Tariffs don’t help people they redistribute the jobs and the wealth while taking it from others. Tariffs tend to advance older industries in exchange for hurting new industries.
Before the creation of the Panama Canal: before 1913: tariffs were the primary form of revenue for the United States government however afterward it all changed with free trade becoming more important.
Cons of tariffs
Increase consumer prices
Limit competition
Long adaptation period
Pros of Tariffs
Pros
Stimulate local economies
Enhance national self-sufficiency
Generate government revenue

The goal of the United States government is to strengthen the middle class if that truly is the goal of the government, we need to understand how to do that and if it’s achieving our goals. Tariff barriers in fact weaken the middle class. At first tariffs raise prices, then they hurt manufacturing, finally they hurt the middle-class job creation and the nation’s prosperity.
Tariffs don’t help people they redistribute the jobs and the wealth while taking it from others. Tariffs tend to advance older industries in exchange for hurting new industries.
Before the creation of the Panama Canal: before 1913: tariffs were the primary form of revenue for the United States government however afterward it all changed with free trade becoming more important.
Cons of tariffs
Increase consumer prices
Limit competition
Long adaptation period
Pros of Tariffs
Pros
Stimulate local economies
Enhance national self-sufficiency
Generate government revenue