> Does there ever come a point where they should be normalized? The ideal situation is no tariffs on either side, which is normalized. > for certain situation

> Does there ever come a point where they should be normalized? The ideal situation is no tariffs on either side, which is normalized. > for certain situations? For any given economic scenario there's a practical intervention that would result in a better result than what the theory suggests is the best expected result. There's also an infinite number interventions that result in a worse outcome. The problem is, how do you know what the right intervention is? You don't. > From most of what I've read in mainstream news coverage, this topic seems to be considered not valid for discussion, as if the answer is self-evident It's not self-evident, the question just has remained settled for over a century. Economists disagree over all kinds of things, this isn't one of them.