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New Study Shows Trump Might Be Right on Tariffs

Older economic models might overstate the costs of protection and understate its structural impact.

When Buchanan campaigned for the Republican presidential nomination in the 1990s, he made tariffs a central pillar of his platform. He warned that unchecked globalization would hollow out American industry, erode the middle class, and leave the nation vulnerable to economic dependence. His message resonated — he won the New Hampshire primary in 1996 and reshaped the conversation within the GOP.

So, where would the U.S. be today, economically, if it had adopted Buchanan’s ideas sooner — before Trump’s return to the White House?

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