Please can someone sensible explain to me why the American tariffs are a good idea?
How does this make the already wealthiest economy in the world “great again”? Every export has instantly become more expensive, so less will be sold, and every import has instantly become more expensive for Americans to buy. No country can exist on its own surely? Do we not all rely on each other to some extent?
This page is a permanent link to the reply below and its nested replies. See all post replies »
https://www.foxbusiness.com/economy/china-retaliates-34-tariffs-us-imports "We have been getting the short end of the stick for years and it's important that Americans understand this. These are reciprocal tariffs. We have been tariffed. Our goods are tariffed. We are always at an unfair disadvantage with these countries so it's going to be a little bumpy, they are going to cry, they are going to yell," he continued. "I spoke to the president personally yesterday, he was telling me that already, countries are coming to him saying ‘lets work this out, we can make a fair deal, we can do better.' We will. Everybody just hold on a little bit, be a little bit strong, Wall Street will come back. But this is also about Main Street, this is about making things in America."
As you can see, there are tariffs on our goods going out. And the Trump tariffs aren't nearly as high.
When the countries who are ripping us off decide to drop their tariffs, PRESIDENT TRUMP will drop ours.
@NewWorldTorontoYou realize those arn't the actual Tariffs he is presenting...it is the trade exports to US divided by US imports.
You definitely have an inferior blue state reading comprehension.
The phrase RECIPROCAL TARIFFS is on that sign. One column shows the tariffs the other countries are charging us. The other column shows the Trump Tariffs he will be charging back, and most of them are HALF.