Uploaded May 2026 | Updated September 2026, 2 weeks ago
Economists broadly agree that trade barriers harm economies—yet protectionism remains widespread. Why? The political math is simple: benefits concentrate in protected industries, while costs spread invisibly across millions of consumers. Even the language reveals the trick: tariffs "protect" you from low prices.
Economists broadly agree that trade barriers harm economies—yet protectionism remains widespread. Why? The political math is simple: benefits concentrate in protected industries, while costs spread invisibly across millions of consumers. Even the language reveals the trick: tariffs "protect" you from low prices.


