Adam Smith, Donald Trump And The Case For Tariffs – One America News Network

(L) ADAM SMITH (1723-1790). Scottish economist. Line engraving by Robert Graves, English, 19th century. / (R) U.S. President-elect Donald Trump speaks at a news conference at Trump’s Mar-a-Lago resort on December 16, 2024 in Palm Beach, Florida. (Photo by Andrew Harnik/Getty Images)

OAN Guest Commentary by: Theodore Roosevelt Malloch and Nicholas Capaldi
Monday, December 16, 2024

President-elect Trump has repeatedly declared “tariff” to be his favorite word, in fact, “the most beautiful word in the dictionary.”

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He plans to utilize tariffs to raise federal revenues, increase jobs in the U.S., and bring back manufacturing. To quote him, “We are going to have 10% to 20% tariffs on foreign countries that have been ripping us off for years.”

He has even said that he is considering a 60% tariff or more on imports from China.

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