task0778
Diamond Member
This is not a question of politics, this is all about economics and what works best for economic growth in the long run. Newsflash, tariffs are counter-productive in that sense for the simple reason that consumers as a whole can buy less with the same amount of money when tariffs are applied and I do not see how anyone can argue that point. Overall there is no upside; some industries and unions are helped while others are not AND there is ALWAYS the retaliation that hurts somebody else.
Clearly, those who favor tariffs do not give a damn about the loss of spending power by those who can afford it least. To me, that is shameful and I don't care about the politics of it. Used to be for a long time it was the democrats who favored tariffs and now it's Trump. Either way it is a stupid thing to do.
Clearly, those who favor tariffs do not give a damn about the loss of spending power by those who can afford it least. To me, that is shameful and I don't care about the politics of it. Used to be for a long time it was the democrats who favored tariffs and now it's Trump. Either way it is a stupid thing to do.