Tariff

Definition and stakes

Portrait of Frédéric Bastiat Frédéric Bastiat,  Economic Sophisms

“ A tariff, then, may be regarded in the same light as a marsh, a rut, an obstruction, a steep declivity—in a word, it is an obstacle, the effect of which is to augment the difference between the price which the producer of a commodity receives, and the price which the consumer pays for it. ”
Source: Gutenberg

Portrait of Franklin D. Roosevelt Franklin D. Roosevelt,  Looking Forward (1933)

“ From the beginning of our government one of the most difficult questions in our economic life has been the tariff. But it is a fact that it is now so interwoven with our whole economic structure, and that structure is so intricate and delicate a pattern of causes and effects, that tariff revision must be undertaken with scrupulous care, and only on the basis of established facts. ”
Source: Gutenberg

Portrait of John Caldwell Calhoun John Caldwell Calhoun,  South Carolina Exposition and Protest (1828-12-19)

“ They may be comprehended under three, the custom house, the appropriations, and the monopoly of the manufacturers, under the Tariff system, all which are so intimately blended, as to constitute one system, which its advocates, by a perversion of all that is associated with the name, call the American System. The Tariff is the soul of the system. ”
Source: Wikisource

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