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Quote by Bob Woodward

“Cohn offered one more argument against steel tariffs. "We're not a steel-producing nation. We're a good-producing nation. If we increase the price of steel, out goods become overprices and we can't compete”

Quote by Bob Woodward

Book:Rage
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Rage

This book delves into the complexities of human emotion, focusing on the impact of rage on individuals and society. more

Author

Bob Woodward
Bob Woodward

Bob Woodward is an American journalist born on March 26, 1943. He is renowned for his in-depth investigative reporting and sharp insights into political events, particularly for his exposure of the Watergate scandal. more

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“The "government of reformers," as is now obvious, operated a policy of over-the-top corrupt protectionism that would turn any real conservative green with envy. Huge duties were imposed under the pretext of protecting domestic manufacturers. Then they were canceled, before being reintroduced. Customs policy could change by anyone bringing a suitcase of cash to the government. Needless to say, every decision to impose high duties was accompanied by ways of making it possible to circumvent them, exceptions for special cases. Ultimately, the most straightforward and effective idea came to dominate: redesignating goods subject to a high rate of duty as belonging to a different category, which attracted a low rate.”

CorruptionCustomsTariffs
Book:Patriot: A Memoir
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