Top 22 Tariff Quotes

In this post, you will find great Tariff Quotes from famous people, such as Mark McKinnon, Henry Charles Carey, Richard Shelby, Jonathan Dimbleby, Nirmala Sitharaman. You can learn and implement many lessons from these quotes.

As history has repeatedly proven, one trade tariff begets another, then another – until you‘ve got a full-blown trade war. No one ever wins, and consumers always get screwed.

Mark McKinnon

In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties.

Henry Charles Carey

A lot of people believe, and I do at times, that some of our trade agreements are lopsided, and we’ve got to look at them. But that doesn’t mean that we’re going to put a tariff on everything.

Richard Shelby

As it is, the grotesque distortions of the global market mean that for every dollar the West dispatches to Africa in the form of aid, two dollars are clawed back through subsidies and tariff barriers: a monumental rip-off by the rich as they instruct the poor to accept ‘free‘ trade or else.

Jonathan Dimbleby

For me, representing India, as much as I can give, I need reciprocal things to be given to me. If I am willing to offer tariff concessions on goods, I want something to be offered by them to boost India’s services.

Nirmala Sitharaman

Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to be increase American exports. Get rid of some of the tariff and non-tariff barriers to American exports.

Wilbur Ross

Many economists and industry experts agree that the United States faces unfair competition and artificially low prices that have damaged the domestic steel industry. But they don’t agree that a tariff is the right approach for addressing the problem.

Annie Lowrey

There is no man more dangerous, in a position of power, than he who refuses to accept as a working truth the idea that all a man does should make for rightness and soundness, that even the fixing of a tariff rate must be moral.

Ida Tarbell

The biggest trade that Germany and Britain had was with each other, in the prewar period; I think I’m right in that. Two highly industrialized nations had the most trade with each other, and it wasn’t tariff policies alone that made trade relations better for both of them.

W. Averell Harriman

I read the book with interest, but when Jackson was a candidate in 1828 for the Presidency, I opposed him and voted for Adams. I favored a protective tariff.

Ezra Cornell

In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing.

Stephen Moore

I believe if we simplify the process of tariff-fixing with lesser tariff slabs and rationalise the process, it will reduce corruption, and simultaneously, it will enable supply of adequate and cheap power to the poor as well as to farmers.

Piyush Goyal

The income tax is a twentieth-century socialist experiment that has failed. Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.

Alan Keyes

The electricity tariff in Punjab is highest in north India, and it should be decreased.

Preneet Kaur

As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.

Asa Hutchinson

Wind developers have realised the importance of transparent method of price discovery, which was demonstrated in the solar sector. They realise that bidding brings in efficiency, and tariff is right-sized.

Piyush Goyal

The rules of origin in NAFTA need some tightening. Rules of origin are what let material outside of NAFTA to come in and benefit from all the taxes and tariff reductions within NAFTA.

Wilbur Ross

A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.

Uday Kotak

We must be out of the protectionist common external tariff, which mainly protects inefficient E.U. industries at the cost to British consumers.

Jacob Rees-Mogg

Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required.

John C. Calhoun