Quote:My point is thats false. That would be using tariffs universally to achieve price equilibrium, that's not what he's advocating. He's advocating tariffs as a putative measure against countries that violate trade agreements or use unfair trade practices.




That's just not accurate. China Mexico and other countries do impose massive tariffs and duties on our goods. That's a natural imbalance created by sovereign nations not market forces. Those walls have to be brought down. We can't trade into countries that impose protectionist policies against our producers.



He's talking about the trade deficit. That's the imbalance of exports v. Imports not the fiscal deficit of revenue v. Expenditures. For that he is proposing the penny plan and eliminating baseline budgeting. 1% non defense discretionary cuts annually. There's your small government solutions.