Tariffs, Inflation, and the Donkey That Cried Wolf

by John F. Di Leo
American Thinker

President Trump has been re-elected, and the American left is losing its mind. That was to be expected.

It’s one of the ways leftists are losing their minds that might be a bit surprising. They warn that President Trump will increase tariffs. “That’s a tax increase!” they declare. “It’s inflationary!”

Now, it is true that President Trump has proposed an array of tariffs and related measures for his upcoming term, intended to address a few of the fundamental problems suffered by not only the United States, but also the rest of the developed world.

Over the past four decades, Red China has gradually taken over the manufacturing of a shocking percentage of the world’s products, from consumer items to commercial machinery, from small components to finished goods. The first Trump administration did the research to prove — for the benefit of anyone who didn’t already realize it — that much of this Chinese takeover of the world’s factory work has been unfairly obtained at best, malevolently intentioned at worst.

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