Trade Issues/Restore the Traditional Tariff System

Trade Issues/Restore the Traditional Tariff System

The tax and tariff law in place when President Eisenhower left office had produced over 200 years of trade surpluses. We had become the strongest economy in the world. We were the world’s greatest creditor, lending money all over the world to countries in need. We shipped finished goods and imported raw materials. We were truly a first world nation.