From what I understand the current administration is saying that they want to impose the same tariffs some of our trading partners are charging us. He's OK with buying steel from China as long as China doesn't impose higher percentage tariffs against
US good. But if China charges a 25% tariff so will we. That truly levels the playing field.
What most people who would like to impose protectionist trade policies don't know is that the Great Depression was brought on by just those policies. When we refused to buy goods from overseas they refused to buy our goods. That lead directly to the Wall Street crash of 1929.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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