- cross-posted to:
- europe
- cross-posted to:
- europe
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Good. The EU suffers from holier-than-thou syndrome. They could have been trading with China and the Middle East but they would rather be racist. Now Trump will stomp all over them because they bet their future on liberals* remaining in power in the US.
* technically Trump is a liberal but you know what I mean
Sooo who is not getting tariff? Seems like all he Is doing is raising revenue by taxing people and calling patriotic.
It seems that the goal is to make it so prohibitively expensive to import things that it opens up niches to start producing them domestically. It will necessarily drive prices up in the near term, but it’s also not clear that it would achieve the desired effect long term either. Traditionally, the kinds of investments that would be needed require state involvement, and so far my impression is that they’re just going to leave it to private business and hope that magic happens.
I talked about promoting local goods during the recession but EVERYONE I know said “no america is not a manufacturing country anymore it’s a service country”. Funny how things change.
YOU GET A TARIFF! YOU GET A TARIFF! YOU GET A TARIFF! EVERY BODY. GETS. A TARIFF!
He doesn’t know how tariffs work.
Those countries don’t pay the tariffs. We do.
Dumbass is literally just making stuff more expensive for Americans. It’s only worth it if you’re trying to protect national industries.
But barely any companies make anything here anymore.
He knows and by making EU products expensive he is forcing the consumers to buy US products or save their money. Protectionism isn’t new to the US, that’s how it built up its industrial base in the 19th century. Now how this will truly play out is to be seen.
Trump does know how tariffs work. At least enough to know the consumer ultimately pays.
He’s not the sharpest tool in the shed, but he knows how to kayfabe. Don’t assume that what pretends to know is what he actually knows.
None of his supporters know how tariffs work either, all he has to do is sound belligerent and they swallow it.
None of his supporters know how tariffs work
This. G**gle searches for tarrifs and what they are skyrocketted after the pumpkin came into office. Buncha idjits.
Edit: After he won and after he came into office.
After Brexit searches went up asking what that was. People are thick.
