Honestly, most of the calculation is, most likely, simply the trade imbalance with the nation in question.
If this is the fact of the matter, that's actually better because a nation with tariffs could remove them saying "ta-da" and then simply provide their domestic industries tax breaks, incentives, subsidies and so on achieving the same end.
4
u/Euroranger Texas Conservative 1d ago
Honestly, most of the calculation is, most likely, simply the trade imbalance with the nation in question.
If this is the fact of the matter, that's actually better because a nation with tariffs could remove them saying "ta-da" and then simply provide their domestic industries tax breaks, incentives, subsidies and so on achieving the same end.