As America’s prosperity is today, it is rooted in the principles of entrepreneurship and voluntary economic exchange. For 250 years, the United States has demonstrated to the world that people enjoy increased economic and military, a higher standard of living, and a higher safety for all who freely innovate, leave freely to produce for themselves, and trade with them.
Since taking office in 2025, the Trump administration has adopted sudden protective tariffs through unilateral enforcement orders. You have shamed the global economy with uncertainty and chaos at this wild rate of fluctuation and constantly changing order. Cumulatively, they have imposed the largest taxes that have increased in trade since almost a century. Advocates of tariffs portray measurements as an act of “economic liberation.” Inserted, rates invert the privacy of freedom weshred in an age of American-led human freedom and prosperity.
The American founding father refused to grant political benefits and obstruct merchandising merchandising. In an instruction on behalf of the Continental Congress of Virginia in 1774, Thomas Jefferson defended them in favor of the American settlers’ rights to “exercise free trade with all parts of the world.” Two years later, the Declaration of Independence enumerated the causses that drove these colonies into revolution.
This comes from the “Trade and Tariff Declaration: A Statement on the Principles of Prosperity in America.” The submarines led by Don Boudreaux and Phil Magness put it together. My contribution was to find some typos, list three major economists and list one other person on the list.
Read the whole thing. If you’re a genuine economist, you can also sign on. Scholars of philosophy, history and political science are also listed.
If it is not in the above category, it can be supported without being listed.
Incidentally, when I usually sign such statements and know quite a lot before reading them. But one of the big surprises I got was to read the following numbers:
The US economy is a global economy that uses nearly two-thirds of imports as inputs from domestic production.
