The Tariff Trap: How Good Intentions Can Go Wrong Trump isn’t the first leader to think he can muscle America into economic supremacy by taxing foreign goods. The idea is simple: make imported goods more expensive so domestic industries have an advantage. But what the protectionists don’t tell you is that tariffs don’t create wealth—they destroy it. Think about it this way: if a product from Mexico costs $100 and Trump slaps a 25% tariff on it, that product now costs $125. Who pays that extra $25? You do. The American consumer. That’s just a tax under a different name. And history shows that when governments start manipulating trade like this, the free market takes a hit. Henry Hazlitt, Adam…
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