If readers take away only one lesson regarding trade and tariffs, make it the following:
James Madison, father of the U.S. Constitution, believed that the Constitution existed primarily for the purpose of establishing a government strong enough to defend U.S. interests abroad by imposing tariffs on nations that did not reciprocate America’s desire for free trade.
Thus, Vice President J.D. Vance channeled his inner Madisonian hero on Wednesday when, according to Newsweek, the vice president cast the tiebreaking vote to table a Senate resolution — supported by all Democrats and a handful of foolish Republicans, including the well meaning but terribly misguided Republican Sen. Rand Paul of Kentucky — aimed at revoking the emergency order under which, early last month, President Donald Trump enacted his
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