Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
I think once China slapped on retaliatory tariffs om farmers and the US had to drop a new wave of subsidies it locks in the tariffs a bit until a new wave of negotiations can be made. I suspect China stalled those negotiations in hopes they could dupe trump into a better deal.
Given Trump is saying that the trade deal with Mexico is bad (the deal he negotiated) and is threatening tariffs on Mexico its clear he is just using tariffs as a scare tool. Unfortunately every world leader saw him get dog walked in the debates and knows he’s a moron so now its unlikely he’ll be taken seriously.
Obviously. The point is, that if you make the product in the United States, you won’t pay the tariffs.
Who would have thought that importing a product from China is when the 30% tariffs would apply?
Biden never rolled back Trump’s 2017 Tariffs. Why didn’t he?
Oooooooooo
I think once China slapped on retaliatory tariffs om farmers and the US had to drop a new wave of subsidies it locks in the tariffs a bit until a new wave of negotiations can be made. I suspect China stalled those negotiations in hopes they could dupe trump into a better deal.
Given Trump is saying that the trade deal with Mexico is bad (the deal he negotiated) and is threatening tariffs on Mexico its clear he is just using tariffs as a scare tool. Unfortunately every world leader saw him get dog walked in the debates and knows he’s a moron so now its unlikely he’ll be taken seriously.
We need more tariffs and subsidies not less.