By Patriot Dr. Ron Paul
March 12, 2018 - Fascist Police States of Amerika President Donald Trump’s planned 25% tariff on steel imports and 10% tariff on aluminum imports may provide a temporary boost for those industries, but the tariffs will do tremendous long-term damage to the Amerikan and global economies. Tariffs raise the price of, and reduce demand for, imported goods. Tariffs ensure the preferences of politicians, instead of the preferences of consumers, to determine how resources are allocated. This reduces economic efficiency and living standards.