Source: OtherWords
by Sonali Kolhatkar
“President Donald Trump has called ‘tariff’ ‘the most beautiful word in the dictionary.’ He claims tariffs will restore American trade supremacy, bring lost jobs back to the United States, and most bizarrely, replace income taxes. Tariffs can be a useful tool to regulate global trade in the interest of jobs, wages, labor rights, the environment, and consumers — if applied correctly. But Trump’s chaotic, overly broad tariffs are only likely to hurt working people. They won’t ensure labor rights or protect the environment. They won’t even return jobs to the U.S., if his first term tariffs are any indication. Because new tariffs require congressional approval, Trump manufactured a crisis about the flow of drugs and undocumented immigrants across U.S. borders in order to use executive power to unilaterally impose tariffs.” (04/03/25)
https://otherwords.org/tariffs-can-be-useful-but-not-how-trump-is-using-them/