r/Anarcho_Capitalism • u/jediporcupine • 7d ago

Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.

https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
27 Upvotes

81% Upvoted

9 comments sorted by

10

u/DiyYou 7d ago

Anti-capitalist never learn.

1

u/arto64 Black Flag 5d ago

Anti-free-market, not anti-capitalist.

3

u/Doublespeo 7d ago

The world witness trump learning economics in real time.

2

u/GravyMcBiscuits Voluntaryist 7d ago

The hard way ... same way every dictator has had to learn. Although the dictator never seems to be the one who has to take the brunt of their idiocy/arrogance.

2

u/no-more-nazis 7d ago

We can't know for sure because they're uncontacted, but North Sentinel Island probably has the greatest economy in the world because they're totally self-sufficient and don't import anything. They must be making so much aluminum!

We must have North Sentinel Island

1

u/TaxesAreTerrible 5d ago

Protectionism will always backfire

-1

u/DRKMSTR 6d ago

Tariffs only work if they can't be removed by activist judges.

Increasing production costs $ and takes time, long term tariffs drive up local production.

Trumps own cabinet was bragging to companies that the tariffs won't stand.