It will never cease to amaze me how stupid people are. How in the everliving goddamn fuck could a tex on imports ever lower prices?
If you want to have domestic products you'll need to end outsourcing and do industrial policy. These things don't spring up over night and this just proves that Trump has no fucking clue about business, economy or trade. He's running this like a mob boss and is just trying to force countries to bend the knee and kiss the ring so that he'll make the tariff go away. He will destroy the US economy to give himself an ego boost.
Yeah like if these tariffs were designed to move labor back to the US I would be totally cool with it conceptually. It would obviously raise prices but it would theoretically create jobs and probably stop some overseas exploitation that US companies are engaged in. We'd still need to import materials but yeah, that all sounds great let's do it. But that's not what they want to do or why they're doing it, or what will be accomplished. They need to find a way to tax companies that use overseas labor, not tax imports of finished goods.
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u/embiors 1d ago
It will never cease to amaze me how stupid people are. How in the everliving goddamn fuck could a tex on imports ever lower prices?
If you want to have domestic products you'll need to end outsourcing and do industrial policy. These things don't spring up over night and this just proves that Trump has no fucking clue about business, economy or trade. He's running this like a mob boss and is just trying to force countries to bend the knee and kiss the ring so that he'll make the tariff go away. He will destroy the US economy to give himself an ego boost.