Tariffs Destroy Consumer Choice

Retail sales were down for May with the AP reporting, “The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts. Excluding autos, sales fell 0.3% in May.”

This is no surprise to my wife. In a recent visit to her favorite luxury import car dealer, she was told, “Germany hasn’t sent us any cars in six months. We have no inventory.” Expecting sympathy from her MAGA-inclined girlfrien...