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Reply to "Supreme Court rules Trump's emergency tariffs are illegal"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I studied economics in high school and college. Basic stuff. Both classes told me that tariffs don't work. Basic econ 101 and high school econ. Yet that moron.... Glad the scotus had its head screwed on straight this time. [/quote] Tariffs don't work, yet every country has them. [/quote] targeted tariffs can work. But, Trump tariffs which are applied when a leader of the country doesn't show enough deference to Trump, these don't work. Have you seen the news stories of small businesses going under because of Trump tariffs?[/quote] +1 Or even paid attention to how the US has bled jobs with tariffs? Or how our trade deficit actually got way worse in the two most recent months (and while it decreased with China, it looks like we are just still purchasing Chinese goods that just get routed through other Asian countries, so not actually changed...)[/quote]
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