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Donald Trump has advocated for tariffs for 40 years. Agree with them or not, they were quite predictable, not chaos.
by kleton 1y ago
Donald Trump has advocated for tariffs for 40 years. Agree with them or not, they were quite predictable, not chaos.
- itishappy 1y agoThis is larger than tariffs: > But even before President Donald Trump’s sweeping tariffs on imports, many of those projects were being canceled — leaving thousands of jobs and the shift to clean energy in doubt. Sure, his energy policy was predictable too, but you'd have needed to predict the election results too to act on them. Who knows that'll happen in 4 years, will it be more of this or will we see EV subsidies returned? That's the part that's hardest to predict.
- bluGill 1y agoWhat isn't predictable is how long things will last. Many in congress are for free trade and have the ability to stop tariffs in various ways. (tariffs fall under some emergency ruling not a low passed by congress as the constitution requires). There is likely to be more elections in the future with different people in charge with different intents. The question is will the next people in charge also keep tariffs high.
- ytpete 1y agoYet he's already changed the amounts and/or start dates how many times in just a couple of months? It will continue like that because chaos is the nature of his whim-driven presidency. Further, he won't be in power long enough to ensure nothing changes for 40 years – US trade policy isn't read-only form here on out. Painful tariffs might not even survive until the midterms next year, if Congresspeople start fretting about keeping their jobs.