Tariffs, Trade, Taxes & You
- goddess422
- Jul 23
- 5 min read
On a daily basis, most of us don’t really think about tariffs and trade policy. We do think about taxes. I haven’t met a single person yet, who likes paying taxes.
We would all like to pay lower taxes.
We would all like to increase our wealth and enjoyment of our lives.
There isn’t anything more important to each of us than our lives and the quality of our lives.
If Americans Want Lower Taxes, Tariffs & Trade Policy Matter
Tariffs and trade policies deal with the wealth of a country. Tariffs and trade policy can support the wealth creation in a country or it can rob the country of its wealth. Robbing the country of its wealth impacts every citizen as it means higher and higher taxes.
The United States for the last 30 years has run a trade deficit with major trading partners: China, European Union, Brazil, Russia and more.
The United States is at a $1 trillion dollars deficit with major trading partners around the world.
Why is the U.S. Trade Deficit Bad for Americans?
As wealth leaves our country, the people of our country get poorer, and even if your place in this system has you doing well financially, you are still impacted as well. You are not as rich as you could be… as you would be in a balanced trade system. This imbalance does hold true for every country across the globe.
Tariffs & Trade Policy: The Basics
Sadly, we don’t learn about important economic concepts in our education system. Here are a few simple facts that will help you understand the core ideas involved in international tariffs and trade policies.
Tariffs are a tax imposed by a country on the goods and services imported from another country to raise revenues or to protect competitive advantages. Tariffs are also a tool of negotiation.
What tariffs are not, is inflation. Tariffs do not cause inflation.
Inflation is the devaluation of money. Inflation is not prices rising. Inflation is the devaluation of money caused by fiat currency, i.e. currencies that are not backed by assets.
Fiat Money is literally created out of nothing. Too much fiat money in the money supply devalues currency, and creates inflation.
Asset-backed Currencies have a natural guard against too much currency being created. Great countries and empires have been destroyed by fiat currency.
Trade Policy is the set of agreements, regulations, and practices by a government that affect trade with foreign countries. Trade policies are also a tool of negotiation.
Government Does Not Create Wealth,
Business Creates Wealth
If a country sends manufacturing and industrial production overseas, the wealth that gets created, goes to the company and the country doing the manufacturing—not the citizens of the country in which, the company is based, which is what happened to the United States, beginning in 1971, and continuing for the next 54 years:
The Federal Reserve centralized banking system removed the US Dollar from the gold standard. The US Dollar became a fiat currency as of August 15, 1971.
The fiat currency loses value each year. The US Dollar: $1.00 of buying power in 1913 has been reduced to $.03 in 2025 through this devaluation of too much fiat money printed and put into circulation.
Manufacturing left the United States as it became too expensive to manufacture in the USA due to the fiat US Dollar losing value.
Americans lost jobs.
States lost industries.
The United States lost the immense wealth of industry as many industries moved to cheaper production overseas.
US corporations became large trans-national organizations, very wealthy trans-national corporations, with allegiance to global organizations… swaying great power over governments, trans-nationally.
Entire industries and the wealth of these industries for the American people disappeared.
This was the beginning of the creation of the fragile global supply chain impacting our life today.
Remember not being able to purchase basic goods like toilet paper, paper towels, soap, and medicines during the COVID lockdown? A fragile global supply chain was created over this 50+ year time period for even the most basic and the most life-saving of goods produced. Inflation became rampant and inflation never really goes away.
This decades-long transfer of wealth created a massive divide in wealth:
1% of the global population now holds 99% of global wealth through the many transfers of wealth this system represents.
99% of the global population now holds just 1% of global wealth.
Fiat Currency
Fiat currency is a massive failure perpetrated by a private corporation of international bankers called the Federal Reserve Central Bank System. Through the international bankers fiat money scheme, the globalists perpetuate inflation, taxes, endless war, and a host of other mechanisms for the transfer of wealth left out for the sake of brevity in this post.
The Truth About Tariffs & Trade Policies
Trade Deficits are not good for any country. Trade deficits are a transfer of wealth from one country to another country.
Trade Surpluses are good for a country and the people of that country-creates more wealth for that country.
Trade is goods and services. This is the wealth of a country produced from the efforts of the people of that country: industry.
Industry is the production of goods and services by the people of the country.
Balance in Trade is a function of tariffs as part of trade policy: This is how tariffs and trade deficits are related to the subject of creating wealth for a country and the people of a country.
A balanced global trade system is a function of trade agreements and tariffs.
What Do We Need To Increase Our Wealth?
Tariff and trade policy that benefits each trade member globally. Balanced tariffs and trade policies matter.
This is what the new global economy is all about:
Sovereign countries.
Sovereign boundaries
Sovereign currencies backed by assets
This new system is what is being brought about now, globally-wealth returning to countries and their citizens. The trade policies of the 20th century into the 21st century have been anything BUT sovereign nations, boundaries, and currencies.
Trade policies matter in creating wealth for countries and for the people.
Tariffs matter in trade policies.
Tariffs do not cause inflation.
The economic formula for a country to create wealth and reduce taxes:
Industrial wealth + Balanced trade/tariff policies + Asset–backed currency = Reduced taxes.
Which would you prefer?
Increased personal wealth through more income, less taxation, and less inflation.
OR
Decreased personal wealth through lost jobs, less income, excessive taxation and more inflation.
Tariffs & Trade Policies That Benefit Your Country, Benefit You!
Your thoughts and questions are always welcome!
MSM Advisory, LLC. is a professional practice designed to offer you the customized financial planning advice, strategies and implementation to make your dreams come true. Money matters and this is what the money is for… your vision for your life coming to life… for you.
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