TFG talks about trade debts as being ripped off, but these are only on goods, not the broader services industry the US has largely transitioned to, which if accounted for, change the numbers drastically. It also doesn't account for the vast rise in global living standards that freer trade and specialization brought. Nor do the tariffs reflect the reality of what is possible and the timelines needed to reshore.
If you import more from the US than you export, you're still seeing a 10% tariff. These things are being used by a bully to bully, nothing more, the way he ran things as a landlord. They lack coherence and strategy, and are often portrayed in conflicting terms (the are to reshore vs they are temporary negotiation tactics... hint, they are actually for extorting praise and bribes)
The only way out so far is to pay tribute, largely by American companies who don't want to pay tariffs on their imports.
More recently it seems TFG is once again dialing back the tariffs because the economic fallout is being voiced by more parties.
It's not bad just because TFG does it, but because he doesn't understand economics and many other things the leader of America ought to have some basic understanding of. It's clear he's too old for the job
If you import more from the US than you export, you're still seeing a 10% tariff. These things are being used by a bully to bully, nothing more, the way he ran things as a landlord. They lack coherence and strategy, and are often portrayed in conflicting terms (the are to reshore vs they are temporary negotiation tactics... hint, they are actually for extorting praise and bribes)
The only way out so far is to pay tribute, largely by American companies who don't want to pay tariffs on their imports.
More recently it seems TFG is once again dialing back the tariffs because the economic fallout is being voiced by more parties.
It's not bad just because TFG does it, but because he doesn't understand economics and many other things the leader of America ought to have some basic understanding of. It's clear he's too old for the job