Source: The Daily Economy
by Donald J Boudreaux
“Protectionist: Over the past half-century, American industry has been hollowed out by international trade. We don’t make things anymore. That’s why we need protective tariffs. Boudreaux: You’re factually incorrect. US industrial output hit its all-time peak in February of this year, higher by 155 percent than it was in 1975, when America last ran an annual trade surplus and 19 percent higher than in 2001, when China joined the WTO.” (05/29/25)
https://thedailyeconomy.org/article/like-many-things-protectionist-angst-is-made-in-america/