4 ms·
according to what Trump says (i have not researched it myself) the US in the recent past has paid tariffs many times over what it has charged in tariffs, and he
by fsckboy 2y ago
according to what Trump says (i have not researched it myself) the US in the recent past has paid tariffs many times over what it has charged in tariffs, and he wants to equalize the playing field. So yes, imposing tariffs is a regression away from free markets, but if what he says about foreign tariffs is true, it already wasn't a free market for trade.
- drdeca 2y agoTariffs are paid by the people buying and selling, to the state imposing the tariff.
- fsckboy 2y agoa falling tide lowers all boats
- throw0101c 2y ago> So yes, imposing tariffs is a regression away from free markets, but if what he says about foreign tariffs is true, it already wasn't a free market for trade. Except that in Trump 1.0, he signed a free trade deal with MX and CA and said: > The USMCA is the largest, most significant, modern, and balanced trade agreement in history. * https://trumpwhitehouse.archives.gov/briefings-statements/president-donald-j-trumps-united-states-mexico-canada-agreement-delivers-historic-win-american-workers/ https://trumpwhitehouse.archives.gov/briefings-statements/pr... But now it's a bad deal: * https://www.huffpost.com/entry/trump-usmca-nafta-tariffs-canada-mexico_n_67bda523e4b0f4e8df29f534 https://www.huffpost.com/entry/trump-usmca-nafta-tariffs-can... and wants to impose 25% tariffs on MX and CA—in violation of the free trade deal that he signed.