Reply to Trump tariffs: ruin U.S. economy until 2040

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Okay, I realize I’m looking for logic where there is none. But even if we accept the idea that the goal of these tariffs is to re-industrialize the US…and even if we accept that tariffs on foreign manufacturing might make companies re-invest in U.S. factories…

Then why the heck are we putting tariffs on bananas and coffee? We are never going to be able to grow these things at any scale in the US. It’s GOOD to import these things — it means we have them, when we otherwise wouldn’t.

Can someone help me find even a crappy rationale that someone *might* believe where this made sense? [/quote]

It is a negotiation to get the other country to reduce its tariffs.  If you place tariffs on things they don't export, they have no incentive to reduce tariffs.[/quote]

How is it both a negotiating tactic, and also the mechanism to bring in $600 billion to offset tax breaks for millionaires? It can't be both.[/quote]

And also apparently a means to re-shore manufacturing, which can’t happen when you wipe out the stock market and won’t happen when the policy changes from one day to the next. [/quote]
+1

“What CEO and what board of directors will be comfortable making large,  
long-term, economic commitments in our country in the middle of an economic nuclear war?

I don’t know of one who will do so.”
- the VERY Trumpy Bill Ackman
[twitter]https://x.com/billackman/status/1908992002366292286?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]

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