If Americans were playing football, and the EU team, (as an example), began every single game with an automatic 25 point handicap,in addition to refusing to allow the Americans to sell their hot dogs and hamburgers at the concession stands during the game, AND a biased referee, that would be equivalent to the 25% tariffs that the EU is now charging for American motor vehicles and many other items if they were to be sold in the EU.
WE were charging the EU and Japan 2% for the cars they imported to the States. THEY were charging us 25%. I think you can see the problem.
IF...and hopefully that is very soon...the people overseas who have been ripping us off for many, many years stop their hysterical screaming and reduce their tariffs on the United States, WE will quickly match those same tariffs. Tariffs will NOW be RECIPROCAL. If the EU charges us 25%, we will charge them 25%. If they charge us 2%, we will charge them 2%.
AND if any company now located overseas wants to build a factory inside the United States they will pay 0% tariffs. IN ADDITION, Trump will waive all their building costs on their first year of taxes!!!
It's extremely short sighted to think that this won't QUICKLY self adjust.
In 9 months, maximum, the people overseas who haven't been able to comprehend this simple math will go out of business.
Because the United States is the LARGEST and wealthiest market in the world.
The American people VOTED for this. We WANT this. We want the theft and disrespect to stop. We don't mind paying a little bit more for about 9 months till this whole thing levels off.
