“Even if a business doesn’t pass on any portion of the price increase to its customers, the higher cost of purchasing the item for the business will directly—and often immediately—come off its bottom line. The business won’t be able to afford to do as much—including, perhaps—pay its employees at the same rate or at all.” - Wealth & Poverty Review
Churchill and the Working-Class Case for Free Trade
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“Although politicians may squabble about particular tariffs, the leading figures of both parties have rejected free trade for neo-mercantilist policies…. If protectionism causes such disaster, why does it remain so popular?” - L&L
Publisher asserts China tariffs could lead to ‘Bible tax’ in US
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“The parent company of the two largest Bible publishers in the United States has warned the Trump administration that proposed tariffs on China would amount to a ‘Bible tax.’” - Baptist Standard