Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps one tenth of one percent lower than they otherwise would have been. ... And because of our efforts, we have earned our salaries ten-thousand fold. Milton Friedman
We have long argued that a customs union is a viable option for the final deal. So Labour would seek to negotiate a new comprehensive UK-EU customs union to ensure that there are no tariffs with Europe and to help avoid any need for a hard border in Northern Ireland. Jeremy Corbyn
Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved. Thomas Sowell
We were clear that we had to be internationally competitive and were passionate about building competencies that were the best in the world even when the tariffs were very high. It was an obsession with me to beat the Taiwanese and the Koreans who dominated the polyester business in the '70s. Mukesh Ambani
It will not be the case that we will have zero-rate tariffs on food products. There will be protections for sensitive sections of agriculture and food production. Michael Gove
Evidence points out that if you raise tariffs too much it will increase smuggling. P. Chidambaram