Peter Schiff (@peterschiff) 's Twitter Profile
Peter Schiff

@peterschiff

Chief Economist & Global Strategist Europac.com, Founder SchiffSovereign.com, Host SchiffRadio.com, N.Y. Times Best Selling Author

ID: 56562803

linkhttp://amzn.to/1nDylDr calendar_today14-07-2009 01:28:42

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High tariffs harm the citizens of the imposing nation the most, as they reduce the supply and increase the price of goods, thus lowering the standard of living. Foreign producers also lose, as they end up selling their goods to other customers at lower prices. Foreign consumers