Important to keep this in mind when people tout tariffs as "patriotic."

@EWErickson Important to keep in mind that there was no European Union, and China was a nothing burger, when Reagan gave this speech It’s called

@EWErickson The principles of economics still apply. It's called

Here’s what could get more expensive with Trump’s new tariffs.

Reagan was right on many thing but was wrong on this. And on amnesty.

This was before the entire world had put tariffs on US.

Bingo!

@EWErickson Was this on his first term or second?

@EWErickson It's from 1987.

Reagan wasn’t above intervening when it suited domestic interests. In 1981, "voluntary export restraints" with Japan limited car exports to the US, shielding the auto industry. They played a significant role in the building of manufacturing plants in the US.

DEAD RIGHT

@JoshKraushaar @KurtSchlichter