Tariffs Quotes

“Markets are not fixed entities; they are dynamic
groups which change over time.”
― Hendrith Vanlon Smith Jr., GAME CHANGR6: An Executives Guide to Dominating Change, by applying the R6 Resilience Change Management Framework

“Businesses need to be aware of what's going on at the macro level and be prepared to respond accordingly.”
― Hendrith Vanlon Smith Jr., GAME CHANGR6: An Executives Guide to Dominating Change, by applying the R6 Resilience Change Management Framework

“Let's compete freely. Goddam tariffs! Free trade and free seas—that's what's right!”
― James Clavell, Tai-Pan

“it is easier to induce national governments to discriminate against foreign producers than to defend the interests of domestic consumers”
― George W. Stocking

“nationalist governments tend to have trade difficulties.”
― Malka Ann Older, Infomocracy

“Few people in the USA seem to realize that President Trumps ‘Made In America’ through international tariffs is likely to make almost everything more expensive and it will hit the poor, sick and elderly the hardest.”
― Steven Magee

“President Trump is taxing the USA masses with import tariffs.”
― Steven Magee

“When Nigerians who don’t enjoy electricity are asked to pay higher tariff for it, what do you think? It’s like paying the pride price of a dead maiden. And if the reason for the high tariff is, like they claim, to attract investors, see it as senseless as the idea of paying the pride price of a yet-to-be-born bride.”
― Nkwachukwu Ogbuagu

“Page 199: According to the U.S. Bureau of Economic Statistics, more than 20 percent of all imports to the United States come from foreign subsidiaries or affiliates of U.S. multinational corporations. … This is why American business is so adamantly opposed to tariffs—not fear of foreign retaliation, but fear of tariffs on products from American-owned industrial plantations.”
― Michael Lind, The Next American Nation: The New Nationalism and the Fourth American Revolution

“The law cannot organize labor and industry without organizing injustice.”
― Bastiat Frédéric, The Law

“Cohn offered one more argument against steel tariffs. "We're not a steel-producing nation. We're a good-producing nation. If we increase the price of steel, out goods become overprices and we can't compete”
― Bob Woodward, Rage

“War—whether waged with weapons or tariffs—brings only loss. Civilization thrives on cooperation, not conflict.”
― Bhuwan Thapaliya

“Regardless of whether tariffs are good or bad, they most certainly are impactful.”
― Hendrith Vanlon Smith Jr.

“Crisis demands new alliances. Find out how nations and businesses are forging powerful new partnerships.”
― Sajjad Noor, The Tariff Paradox: From Crisis to Catalyst: How a Broken Global Economy Could Lead to a Better Future

“The idea of waste is non existent in a Permacapital Economy.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“The "Push to Perfection Mechanism" is a vital component of a Permacapital Economy. In this type of economy, there is a strong emphasis on timely and voluntary exchange of services and payments between employees, suppliers, and customers. All parties involved expect accountability from businesses, although their expectations differ.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“Productivity is a crucial economic driver in both capitalism and Permacapital Economics. However, the frameworks differ in their approach to its purpose and the ethical and social considerations that surround its pursuit. Capitalism often prioritizes productivity as a means to maximize profit and economic growth, while Permacapital Economics seeks to harness productivity for sustainable value creation and equitable distribution within ecological limits.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“A core element of Permacapital Economics is the voluntary exchange of products and services between people, businesses and governments. Each economic participant is free to choose who they will buy from and sell to. There is no force, collusion, or coercion determining the exchange of products or services.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“A core element of Permacapital Economics Is the price mechanism. Whereby, individual economic participants determine the prices of the products and services they sell and buy, according to supply and demand. Supply and demand is based on individual choices. Supply and demand determines the production of and prices of products and services.

Prices naturally strive for equilibrium, as if being led by an invisible hand. Because buyers will always have a highest price point beyond which they are unwilling to pay for a given product or service, thereby making it unprofitable for sellers to attempt to sell those products or services beyond that price point. Similarly, sellers have a lowest price point beyond which they are unwilling or unable to sell a given product or service. This generally eliminates the existence of products or services which provide no net gain to society. The price system is the most efficient mechanism for ensuring that the needs and desires of buyers and sellers are adequately met among people in society, and that members of society at large has access to the highest quality and quantity of products and services.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“In a Permacapital Economy, the patterns of production, the uses of private property, the delegation of resources, the regulation of industry/commerce, and the movement of prices are all based largely on the desires and demands of the consumers, within the reasonable limits of regulation.

Too much consumer sovereignty will result in the pursuit of low prices and convenience Being at the expense of good wages, harmony with nature, social cohesion, etc.

Too little consumer sovereignty will result in the dominance of government and industry to the extent that the freedoms (liberties) of the people are infringed upon and the efficiency of the whole economy is reduced.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“Because Permacapital Economics prioritizes profit for each individual, it therefore respects the life, liberty, and the pursuit of happiness of each individual.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“Permacapital Economics, as a framework, places a high value on ensuring that each individual has the opportunity to earn a profit or achieve economic success. In doing so, it acknowledges the fundamental principles of life, liberty, and the pursuit of happiness.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“It is a matter of efficiency, practicality and productivity that labor as a whole be divided into specialty jobs that come together to produce greater value than could be produced without such division. Businesses will tend to create new jobs which serve a special function. Therefore, workers will be incentivized to skill themselves such that they may be employed in certain functional roles according to their availability in the marketplace. This phenomena contributes to efficiency at scale, in the economy. Any law or policy or cultural trend which inhibits the division of labor will consequently inhibit efficiency in the economy.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“In a Permacapital Economy, businesses are born and businesses die. When businesses are providing value to customers and society, and doing so with fair prices, better than their competitors - they remain alive. When businesses are unable or unwilling to provide value to customers and society and are overpriced and worse than competitors - they die. The process is determined by what is best for society, naturally, by the various mechanisms at play in the Permacapital Economy.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“In a Permacapital Economy, the life and death of businesses are natural and essential components of the market’s self-regulating mechanism.”
― Hendrith Vanlon Smith Jr., Principles of a Permaculture Economy

“The "government of reformers," as is now obvious, operated a policy of over-the-top corrupt protectionism that would turn any real conservative green with envy. Huge duties were imposed under the pretext of protecting domestic manufacturers. Then they were canceled, before being reintroduced. Customs policy could change by anyone bringing a suitcase of cash to the government. Needless to say, every decision to impose high duties was accompanied by ways of making it possible to circumvent them, exceptions for special cases. Ultimately, the most straightforward and effective idea came to dominate: redesignating goods subject to a high rate of duty as belonging to a different category, which attracted a low rate.”
― Alexei Navalny, Patriot: A Memoir