Friday, June 22, 2018

Trump Threatens 20% Tariff On All Car Imports From the EU

The mad mercantilist is at it again.

President Donald Trump has tweeted another tariff threat, this time targeting imported autos from the European Union.
Such a tariff will, of course, hurt the U.S. auto buyers who prefer EU manufactured cars, will otherwise distort U.S. and  European economies, and lower the standard of living for all because of the distortions.


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