Mac-7
Diamond Member
- Oct 9, 2019
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Thats not a serious commentEvery nation in the world has tariffs and has had them since the Industrial RevolutionBut tariffs have never done that. Just like they have never helped steel. See the OP.Tariffs are necessary to save American manufacturingThe tariffs made chinese steel more expensive
Which was the idea
Tariffs make all steel more expensive and reduce demand.
Donald Trump's trade war is a textbook example of tariffs failing to work and adversely affecting the economy of the country imposing the tariffs.
US manufacturing is in decline and GDP growth has slumped to 1.9%.
Donald Trump has damaged brand America which will affect adversely affect sales of American products overseas for a decade.
which is something the US needs very much
Most nations don't have trade policies originating from a crazy, orange-haired, man's gut.