How Tariffs Kill Knowledge and Leave Us in the Dark

Source: The Daily Economy
by Amir Iraji

“As the tariff debate heats up again, a new ideological group has emerged: defenders of retaliatory tariffs who still claim to support free markets. Their stance differs from the old protectionist arguments about ‘saving jobs’ or shielding domestic industry from foreign competition. Instead, they say: ‘We don’t like tariffs. But since real free trade doesn’t exist — and countries like China already distort trade with subsidies and tariffs — we have to retaliate to level the playing field.’ The argument sounds pragmatic. But beneath the surface, it rests on the same fundamental misunderstanding as any other form of protectionism.” (05/05/25)

https://thedailyeconomy.org/article/how-tariffs-kill-knowledge-and-leave-us-in-the-dark/