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Michael Medved’s guest, John Bozzella, President and CEO of Global Automakers, says recent tariffs imposed by President Trump are causing auto prices to soar.
President Trump loves walls—besides a border wall with Mexico, he wants to erect trade walls to protect American steel and aluminum with tariffs of 25 and 10 percent, respectively.
In his famous poem about walls, Robert Frost said, “Something there is that doesn’t love a wall,” adding that before he built one, “I’d ask to know what I was walling in or walling out, and to whom I was likely to give offence.” Those are good questions for Mr. Trump’s policy.
He wants to wall out foreign products that are cheaper than American products. But this will trouble not only nations that produce them, but also American consumers who like to save money.
There’s also a question of constitutionality, since the president’s power to do this is based on national security. And the biggest question: will tariff walls even work in a global economy?
Many important questions about walls.
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Townhall Review — March 10, 2018
President Trump cracks down on a growing epidemic, opioids. Andrew Sullivan sits in with Michael Medved to discuss the deadly depths of this powerful and all too available drug. Hugh Hewitt invites Ohio Senator Rob Portman about the STOP Act, a Congressional effort to address this life-ending menace. Heritage Foundation economist and presidential advisor Stephen Moore sits in with Larry Elder to talk about the trade dangers of the steel and aluminum tariffs that President Trump wants to implement. Pat Buchanan sits in with Mike Gallagher to share how the tarrifs actually are very pro-American. Dennis Prager discusses the Antifa demonstrations surrounding Christina Hoff Sommers at Louis and Clark Law School. Hugh Hewitt speaks with South Carolina Senator Lindsey Graham about tariffs, FISA, and North Korea Denuclearization. Michael Medved shares new research from the Gallup organization on money and happiness.Read More »