Tariffs are bad for us because competitively we can't produce most of what we import for remotely vlose to the same price. He entered a trade war where the voat gap is too big. If you impose a 20% tariff and you can't domestically produce it for close to 20% of what they do your citizens are scewed.
So that LG TV Asia can produce for $100 becomes $130. We can't make it for close to $130. So now John Doe gets the choice of now paying $130 plus the markup vs maybe $300 marked up for the pride in buying American. Either way that TV you just paid $400 for now probably costs $470 post mark up. He screwed US consumers.
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u/DrJohnnyBananas74 1d ago
Big dummy, he literally said he'd do this and mooks like you voted for him.