Tariffs are the recourse of a country that can't compete on the international marketplace. There is no future in factory work. In new factories most of the work will be done by factory robots.We were told that tariffs would return jobs to the US:
Since Trump blinked and removed the tariffs for 90 days, why would any company who was considering opening plants and factories here to avoid the tariff, now do so?
If the rest of the world removed tariffs and we did so as well, how would that coerce a company to return jobs to the US where they pay more for production than they would overseas? It wouldn't.
So again, what is the point of tariffs?