Quotes About Tariffs

There's trade, there's sensible trade, and there's dumb trade.

Este «autoengaño en las reservas de la compañía conduce casi siempre a unos niveles de tarifación en el sector que no son los apropiados», indica Buffett. «Si los agentes principales del mercado no conocen sus verdaderos costes, los efectos secundarios competitivos afectan a todos, incluso a aquellos que tienen un conocimiento apropiado de cuáles son sus costes».

The income tax is a twentieth-century socialist experiment that has failed. Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.

Consider trade protectionism. It's been tried - and found wanting - since the Great Depression.

Trade wars in which countries are then obliged to retaliate by raising their own tariffs against the initiator undermine growth and hurt consumers. Far from being expressions of strength they highlight the failure of the initiating country's economic sector to compete in the global market place.

Even outside the EEC, global trade grew as new multilateral organizations like the General Agreement on Trade and Tariffs pushed for lower import tariffs across the world. The IMF helped, monitoring exchange rates so that no country attempted to get an undue advantage from the increased openness by depreciating its exchange rate and exporting more—the "beggar-thy-neighbor" strategy that was much feared during the Great Depression.

Under Ceta the E.U. checks products coming from Canada to ensure they do not originate in any other country - because if they did, they would be subject to E.U. tariffs. The same would happen if the U.K. had a Canada-style deal with the E.U.

Ask anybody on Main Street whether it makes any sense to allow foreign countries to charge higher tariffs than we charge them, and the answer will surely be a resounding 'heck no!'

economist Henri Truchy noted: We judged it better to content ourselves with the untroubled possession of the domestic market than to risk the hazards of the world market, and we built a solid fortress of tariffs. Within the boundaries of this limited, but assured market, the French live calmly, comfortably enough, and leaving to others the torment of great ambition, are no more than spectators in the struggles for economic supremacy.16

Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.

As history has repeatedly proven, one trade tariff begets another, then another - until you've got a full-blown trade war. No one ever wins, and consumers always get screwed.

both tariff rates and domestic charges for the use of railroad freight blatantly discriminated against the South, impeding its ability to grow and compete. The rates charged for shipping goods along the nation's railways had for decades been rigged to protect Northern markets from Southern goods.

I'm sure the apple guys from Washington state or the corn guy from Iowa will not like tariffs on corn or apples.

Increased tariffs and a weakened pound would mean higher food prices, hurting the poorest families - and the women trying to make ends meet at the heart of them - the most.

Agricultural products ranging from citrus and dairy to beef and chicken face stifling tariffs or nontariff barriers in many countries around the world.

Politics is involved when you don't tackle inefficiency and burden people with higher tariffs.

This was Whiggish free labor dependent on government subsidies, tariffs, and other interventions; it was far from liberal laissez-faire. It created a society that Southern Radical governments sought to emulate, but they lacked the resources and advantages that the federal government bestowed outside the South.

We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.

By remaining inside a customs union and the single market in a transitional phase we would be certain that goods and services could continue to flow between the E.U. and the U.K. without tariffs, customs checks or additional red tape.

Ronald Reagan, Bill Clinton, George W. Bush, and Barack Obama all used temporarily targeted tariffs on specific industries.

a new Party will arise like perhaps the Republican Party of the United States of America Ã¢â'¬â€œ rich, materialist, and secular Ã¢â'¬â€œ whose opinions will turn on tariffs, and who will cause the lobbies to be crowded with the touts of protected industries.

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.

My belief is that the U.S. is looking at the world through a short-term lens of tariffs and elections, while China is looking at a 25-year plan of becoming the dominant global power.

Tariffs would mean prices going up, and customers don't want higher prices.