China and Reagan Prove Tariffs and Quotas Can Work

China’s retaliatory tariffs will provide fodder for those arguing against tariffs.  However, China’s automobile industry has proven they can be effective while former President Reagan’s quotas on Japanese vehicles proved quoatas can also work.  What is indisputable is that with a more than $375 billion goods trading deficit with China, something needs to be done.  The question isn’t […]