Class 7: Tariffs and Trade, Part 1

This class defines and explores protectionism. Washington, Hamilton, and Jefferson all endorsed tariffs to secure independence and shield our economy from foreign manipulation. This class traces the history of tariffs as a constitutional, moral, and effective alternative to direct income taxes. We expose the betrayal of the forgotten (yet highly consequential) Trade Agreements Act of 1934 and revive the Founders’ vision for economic independence.