RE: [lpsf-discuss] Trade / Monopolies

Remember, the purpose of tariffs is not to raise the barrier to
investment. It's to raise money. As long as raising money is the goal,
then they won't become a problem. Raising barriers to influence some
other aspect of trade is another matter. That's about force and is bad
IMHO.

Mike

I'm not sure trading partners are going to accept the excuse that import tariffs are just to "raise revenue" instead of protectionism. And they may well respond with their own "revenue raising" tariffs which could lead to tariff wars.

Cheers,
Steve
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