Thomas Sowell Calls Trump Tariffs ‘a Ruinous Decision’
‘All that happens it that you get a great reduction in international trade’
Apr 3, 2025 6:30 PM
By Grabien Staff
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EXCERPT:
ROBINSON: “What do you make of the present president of the United States and his tariffs?” SOWELL: “It's painful to see what a ruinous decision from back in the 1920s being repeated. Now, insofar as he's using these tariffs to get various strategic things settled and -- and -- and that -- and that he is satisfied with that. But if you set off a worldwide trade war that -- that has a devastating history, everybody loses because everybody follows suit. And all that happens is that you get a great reduction in international trade.”
