Part 8/13:
Tariffs, often dismissed as inflationary by critics, are explained as tools to protect American industries. Countries historically used tariffs to shield their workers from cheap imports. When the U.S. embraced a protectionist stance—imposing tariffs on countries like Brazil, Iraq, and Sri Lanka—the goal was to level the playing field, promoting fair wages and supporting domestic manufacturing.
Contrary to predictions, tariffs did not spark runaway inflation—they instead fostered sustainable economic growth and wage increases for American workers. This represents a significant vindication of Trump-era economic policies, which had been widely opposed but ultimately proved effective.