"In his latest Boston Globe column, Jeff Jacoby (“Donald Trump protects Americans from affordable washing machines“) explains how Donald Trump’s “American Consumers Last” trade policies are an act of economic aggression that victimize US consumers and make America poorer, not more prosperous:"
"In his Oval Office statement announcing the tariffs on imported solar cells and washing machines, President Trump said their purpose was to “uphold a principle of fair trade and demonstrate to the world that the United States will not be taken advantage of anymore.”
This is the way protectionists [scarcityists] always talk. They portray foreign sellers as economic aggressors, who “dump” their wares on the US market and “take advantage” of Americans by engaging in “unfair” trade.
Yet the overseas manufacturers have taken advantage of nobody. Samsung and LG don’t force Americans to buy their machines — they encourage them to do so, by offering features and designs that Americans like at prices Americans find attractive."