Much has been made about President Trump's tariffs on steel and aluminum. In this video I review James Allsup's defense of them. Bottom line, tariffs are an effort by government to interfere with the market and thus doomed to fail. Thanks to my Patrons! Joshua Bartlett: https://www.youtube.com/channel/UCKF6NebaoyoJ4HwWFBzSNOA Gomacide: https://www.youtube.com/user/GOMACIDE Lady Cthulu: https://twitter.com/cthulhu_lady Snizzypoo: https://www.youtube.com/channel/UCE_NQ_U4rb5e1obpzwqnIEw divpro-inc: https://www.ebay.com/usr/littleredsdeals Just Another AnCap: https://www.youtube.com/channel/UCNUj0ndGJv59oA0Ddhtz4Ig?view_as=subscriber To become a patron and help me keep producing more, better quality videos: https://www.patreon.com/my_2_cents https://www.makersupport.com/My_2_Cents Rewards: https://www.youtube.com/watch?v=5rOp07TPLL4 If you'd like to make a one time donation through PayPal or with Bitcoin: https://www.paypal.me/My2CentsVideos Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS Teespring Store: https://teespring.com/stores/my-2-cents Original Video: https://www.youtube.com/watch?v=3DNCIrzyLmo&t=26s Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. HARASSMENT NOTICE It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse. Academic Sources: Sowell, T. (2014). Basic Economics. New York, NY: Basic Books. http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7287.2012.00343.x/abstract?deniedAccessCustomisedMessage=&userIsAuthenticated=false Articles Cited: https://www.heritage.org/index/country/china https://www.investopedia.com/news/where-does-us-import-steel/ https://www.investopedia.com/terms/s/smoot-hawley-tariff-act.asp https://www.cnsnews.com/blog/gregory-gwyn-williams-jr/americans-consume-63-billion-gallons-beer-annually http://www.beerinstitute.org/press-releases/beer-institute-condemns-president-trumps-announcement-impose-tariffs-aluminum-imports-next-week/ https://www.statista.com/statistics/199974/us-car-sales-since-1951/ https://www.investopedia.com/-/trumps-steel-and-aluminum-tariffs-facts-and-myths/ Start your own Minds account: https://www.minds.com/register;referrer=My2Centz To follow me elsewhere: Twitter: https://twitter.com/_My2_Cents_ Minds: https://www.minds.com/My2Centz BitChute: https://www.bitchute.com/channel/my_2_cents/ WordPress: https://my2centsvideos.com Gab.Ai: https://gab.ai/My_2_Cents iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2