Tags: charles koch | tariffs | cancer | socialism

Charles Koch: Tariffs a 'Cancer,' Could Lead to Socialism

Charles Koch: Tariffs a 'Cancer,' Could Lead to Socialism

Charles Koch, head of Koch Industries (Bo Rader/Getty Images)

By    |   Wednesday, 04 April 2018 01:51 PM

Charles Koch decried the tariffs and looming trade war, calling it a "cancer on society" while warning of the effects of isolationism and rise of socialism, he told the Washington Examiner.

"The less trade we have, the worse everybody is," Koch said. 

He made the comments in the aftermath of President Donald Trump's decision to impose tariffs, most notably on China.

"We're working hard against all these other protectionist trade barriers that are just different forms of corporate welfare which, other than a few special interests, will make Americans worse off," said Koch, CEO of Koch Industries and partner with his brother, David.

Koch told the Examiner that export tariffs are "a cancer on society" and warned what kind of lesson younger Americans glean from the policies.

"Corporate welfare and cronyism is, I think, a contributing factor to so many young people being socialists because if the government is going to determine who succeeds in business, who needs the business people. Just let the government do it. So I think it's suicidal for long term," Koch said.

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Charles Koch decried the tariffs and looming trade war, calling it a "cancer on society" while warning of the effects of isolationism and rise of socialism, he told the Washington Examiner.
charles koch, tariffs, cancer, socialism
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2018-51-04
Wednesday, 04 April 2018 01:51 PM
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