Tariffs Violate Freedom

by | Jul 18, 2024

Debate goes on over who suffers from U.S. tariffs. Biden and Trump, for example, think U.S. tariffs on Chinese goods hurt China, not Americans. This is nonsense. Even if they hurt Chinese producers (who can sell their goods elsewhere), the tariffs still hurt Americans. Whatever the Chinese do, prices in America for the relevant consumer and producer goods, imported and domestic, will rise—that’s the point of the tariff—and choice will shrink. Here’s what Henry George had to say in Protection or Free Trade:

If Americans did not want to buy foreign goods, foreign goods could not be sold here even if there were no tariff. The efficient cause of the trade which our tariff aims to prevent is the desire of Americans to buy foreign goods, not the desire of foreign producers to sell them…. It is not from foreigners that protection preserves and defends us; it is from ourselves.

He also wrote:

Free trade consists simply in letting people buy and sell as they want to buy and sell. It is protection that requires force, for it consists in preventing people from doing what they want to do. Protective tariffs are as much applications of force as are blockading squadrons, and their object is the same—to prevent trade. The difference between the two is that blockading squadrons are a means whereby nations seek to prevent their enemies from trading; protective tariffs are a means whereby nations attempt to prevent their own people from trading. What protection teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war. [Emphasis added.]

 

Sheldon Richman

Sheldon Richman

Sheldon Richman is the executive editor of The Libertarian Institute and a contributing editor at Antiwar.com. He is the former senior editor at the Cato Institute and Institute for Humane Studies; former editor of The Freeman, published by the Foundation for Economic Education; and former vice president at the Future of Freedom Foundation. His latest books are Coming to Palestine and What Social Animals Owe to Each Other.

View all posts

Our Books

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Support via Amazon Smile

Our Books

15 books

Recent Articles

Recent

Sayonara, Paul Krugman

Sayonara, Paul Krugman

After spending twenty-five years as a columnist for The New York Times, Paul Krugman is finally retiring from that position—twenty-five years too late, if one wishes to be honest. It is hard to measure the influence he had from that perch, but his columns surely were...

read more

We Can’t Consume Our Way to Prosperity

Once upon a time, John Stuart Mill could write these words truthfully ("Of the Influence of Consumption on Production," 1844): It is no longer supposed that you benefit the producer by taking his money, provided you give it to him again in exchange for his goods. He...

read more

Pearl Harbor: Not What You May Think it Was

I have always had my doubts but Jane Shaw brings the receipts. RedDR needed the war because his communist takeover of America was failing bigly and a war empowered government like nothing else. A decade ago I began to research the history of the Pearl Harbor attack....

read more

Pin It on Pinterest

Share This