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You can always impose additional tariffs until it is ludicrous levels. Eg 100% or more like China has reached a few times before it was walked back.
by dtech 9mo ago
You can always impose additional tariffs until it is ludicrous levels. Eg 100% or more like China has reached a few times before it was walked back.
- realusername 9mo agoIt doesn't matter if he does it or not now, the US market is now seen as unreliable and risky. If there's one thing companies hate more than taxes, it's uncertainty.
- toyg 9mo agoBut there is a cap: you can only bring down trade with a country to zero. This might inflict some pain in the immediate, but eventually trade is simply directed elsewhere - and you lose any leverage you have.