3min chapter

The Michael Shermer Show cover image

The Future of Global Order and America’s Influence

The Michael Shermer Show

CHAPTER

The Political Allure and Economic Consequences of Tariffs

This chapter explores the political allure of tariffs as a strategy that appears to bolster economic strength. However, it highlights the historical evidence showing that tariffs often impede trade and innovation while increasing costs for consumers, ultimately revealing their detrimental impact on the economy.

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