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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[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] Well, I guess we will see how this “negotiation” works out. Maybe it’s going to work out peachy keen, as you seem to think. On the other hand, maybe things will get massively more expensive for ordinary Americans, other nations will develop new trade agreements from which we will be left out entirely, and we’ll all be left far worse off for decades. One thing for sure: reality doesn’t give a hoot what any of us believe, or how fervently we believe it. Good luck to all of us! [/quote]
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