taxes however their intention cannot make a nation more prosperous. they just create a situation where you must pay attention to the new rule ( the tariffs)

removal of roadblocks might create a situation where you can create things

i think that what trump did was kind of a situation where he could grab other nation's attention, and other rulers thought that what he has done was an inspiration to them to justify their taxes acts as well, few days ago i heard a bout some kind of similair situation in the north african govs.

Excuse me, wtf? Wasn't the major intention of tariffs to bring back the industrial base back into the US? That will not happen overnight. How can anyone reasonably judge the effects already? This is insanely short-sighted thinking.

I think broad based tariffs will hurt us and the economy, although if there are specific countries where we can surgically target a specific industry or something that we want to reshore - there is alot of value in that.

However, since Trump and his people believe that tariffs will make America great again, it makes me think if they have ever considered imposing tariffs between states within the USA, like between Texas and Utah. This should work too, right?

It may have not made America great but certainly it is making the UK economical giants and will continue to. Heheheheh

The tariffs are designed to forestall insolvency. USA needs to refinance $8T in USTs this year and interest rates are double what they were when most of the bonds maturing were struck. USA faces imminent insolvency as investors quite reasonably shy away from further purchases of long dated USTs and demand a higher coupon on even short term ones. The tariffs seek to address both the the US chronic trade and fiscal deficits. They may succeed by both reducing consumption and increasing government revenue (which should reduce the apparent trend toward runaway debt escalation and increasing doubts over ability to service it) but they may also fail by creating inflation and alienating trading partners and isolating the US economy. A lot hinges on selling $8T+ in USTs before Christmas at reasonable coupon rates.

Desperate times for the declining empire that is the USA.

The mixed economy of China, where the government still controls fiat debt issuance and capital allocation has defeated the crony capitalist west at its own game- capitalism.

Chinas focused and determined mercantile strategy has won the trade war. The next step is to build a Chinese tertiary monetary infrastructure protocol- its name is mBridge and it is now ready to launch- if it does and if the SWIFT-petrodollar trade payments protocol loses this contest for global banking hegemony the US empire is very swiftly insolvent. The Saudis have already signed up to mBridge and BRICS.

The end is nigh?

The word currency is not used once in the article. Totally clueless.

Ever more ignorant big L losertarian hipster slop.

Someone should look into who's funding Mises these days