Protectionism is no road to prosperity: Letter
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Sir: Edward Luttwak argues that by raising tariffs America's employment and standards of living will rise. What he calls for is a policy analogous to the Import Substitution policies advocated by the World Bank and the International Monetary Fund for developing nations: high tariffs would allow the development of indigenous manufacturing and so on. In practice these policies have been utter failures, successful only in raising prices and lowering quality without raising the standard of living of workers.
David Fitch
Department of Geography
University of Edinburgh
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments