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Reagan knew
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Pofarmer
Posted 10/26/2025 08:22 (#11413277 - in reply to #11412248)
Subject: RE: Reagan knew - he sure did



Small percentage tariff's are normally to operate ones import/export system. a 3% tariff, like, say, most of Europe has, isn't really trade distorting. Even the standard 8% tariff that China had/has/who the hell knows now, had on U.S. soybeans? On the other hand, 35% and 100% tariff's are 100% trade distorting. Quota's, are trade distorting. guess what the U.S. may have well given up it's status as the lead player over this. 

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