Rand Paul’s Simple Tariff Explanation

“Well, tariffs are taxes, and when you put a tax on a business, it’s always passed through as a cost. So, there will be higher prices. The only trade that means anything is the individual who buys something. That’s the only real trade. And that by very definition, if it’s voluntary, is mutually beneficial, or the trade doesn’t occur.”

— Sen. Rand Paul (R-KY), quoted by Politico.

Connect:

Leave a Reply

Your email address will not be published. Required fields are marked *