There are a number of economists complaining that the Trump administration’s tariffs are a tax on Americans. That may be partially true, but it is totally ignoring the bigger picture. We wouldn’t need tariffs if we actually had a level playing field, but no administration has been willing to attempt to level that playing field up until now.
On Saturday, American Greatness reported:
If one were to honestly accept the Free Traders’ logic that a company passing off its costs of compliance with a federal statute and/or regulation on to consumers constitutes a “tax,” one would then be required to declare almost every governmental decision touching upon the health, safety, and welfare of the nation a tax as well. So, too, corporations and companies are not required to pass on the costs of the tariffs to anyone. It is a choice they make based upon market conditions.
Yet, consider the inanity of arguing that statutes opposing child labor laws are a tax because they will raise the cost of labor that the mining company then must pass on to consumers. (I am, admittedly, not a libertarian.)
One may also ponder the fact that nations with high tariffs on American goods and services do not make similar protestations that tariffs are a tax on their consumers. Why? Because these nations’ industries and sectors employ workers and produce goods and services that constitute a net benefit to their citizens’ standard of living—a standard of living these governments are determined to preserve, if for no other reason than their own political self-preservation.
This has not been the case here at home prior to the election of President Trump. Understanding there is a free trade tax on Americans, President Trump has refused to perpetuate the post-World War II economic policy that enabled our war-ravaged former allies and enemies to rebuild their nascent industrial bases courtesy of high tariffs against imported US goods, with the corresponding result that they had lower entry barriers for them to access the American market.
While this policy accomplished its goal long ago, the unfortunate and entirely predictable result was that the nations that benefited from high tariffs on US goods—as well as those US corporate interests that also benefited from them—would never seek to see them repealed, allowing free and fair competition with and in the American market.
The article notes that U.S. Steel is coming back to America because of the tariffs. That is a good thing.

