A Protectionist is Someone Who…

by Don Boudreaux on March 2, 2018

in A Protectionist is..., Trade

… would regard as an unpardonable and egregious act of war Beijing’s ordering the Chinese navy to interdict enough America-bound cargo to cause the price of steel in the U.S. to rise by 25 percent and the price of aluminum in the U.S. to rise by ten percent, yet who regards as glorious and munificent the Trump administration’s ordering the U.S. Customs and Border Protection agency to interdict enough American-bound cargo to cause the price of steel in the U.S. to rise by 25 percent and the price of aluminum in the U.S. to rise by ten percent.

….

(The above is suggested by my great Mercatus Center colleague Dan Griswold, with apologies to Henry George.)

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