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babylonsister

(171,973 posts)
Sun Apr 6, 2025, 11:10 AM Sunday

A New Golden Age for Bootleggers

https://politicalwire.com/2025/04/06/a-new-golden-age-for-bootleggers/

A New Golden Age for Bootleggers
April 6, 2025 at 9:00 am EDT By Taegan Goddard


David Frum: “President Donald Trump’s high-tariff regime will impose higher prices and lower growth on Americans. It will have another effect that nobody in the administration seems to have considered at all: a tsunami of smuggling.”

“In a few days’ time, every desirable consumer good will be dramatically more expensive in the United States than on world markets. Flat-screen TVs, athletic shoes, video-game equipment, even household basics such as coffee, toilet paper, and soy sauce—all will soon cost 20, 25, 35 percent more than they cost on world markets.”

“Trump has just opened perhaps the greatest arbitrage opportunity in the history of world trade. His effort to repeat the Smoot-Hawley tariffs of the 1930s will also replicate the cross-border bootlegging of alcohol during Prohibition.”
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A New Golden Age for Bootleggers (Original Post) babylonsister Sunday OP
I was thinking about that. yardwork Sunday #1
Smuggling by water will be a good way. underpants Sunday #2
My grandfather worked for smugglers as a little kid. yardwork Sunday #3

yardwork

(66,114 posts)
1. I was thinking about that.
Sun Apr 6, 2025, 11:35 AM
Sunday

Smuggling encourages organized crime and political corruption. We are much less safe than we were under Biden.

underpants

(189,904 posts)
2. Smuggling by water will be a good way.
Sun Apr 6, 2025, 12:04 PM
Sunday

There’s almost no policing of the water on either coast that I’m aware of. Game wardens and occasionally the Coast Guard I’d think but that’s much closer to shore from what I know.

yardwork

(66,114 posts)
3. My grandfather worked for smugglers as a little kid.
Sun Apr 6, 2025, 12:29 PM
Sunday

He was a lookout for liquor smugglers on the river in Detroit during prohibition.

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