The Long Way Home 4.18.25

In a recent recorded interview, President Trump said that “tariff” is the most beautiful word in the dictionary and that it is his favorite word. Some of my civics and history teachers in the 1960s may have tried to teach us about tariffs, but I don’t recall ever hearing the word until 1972, and it wasn’t used the way it is bandied about today. Trump’s effusive praise and defense of the word sent me on a mission to untangle the threads of misunderstanding surrounding the words "tariff," "traffic," and "cabotage." After reading this, you may think I have too much time on my hands, but I’d be delighted if my perspective could clarify things for you. It's important to note that tariffs have been a part of international trade for centuries, with their use and impact evolving over time. Toward the end of 1972, I entered The College of Advanced Traffic course at Humboldt Institute in south Minneapolis. My dad thought I could become a rate clerk, a relativel...