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    feld (feld@bikeshed.party)'s status on Wednesday, 19-Jul-2023 00:54:18 JSTfeldfeld
    in reply to
    • Salastil
    • Dblohangel
    how can anyone forget the China tariffs? It's all we talked about for 6 months

    Or how Trump fucked things up with Canada by cranking 18% tariffs on lumber which seriously hurt us when we needed lumber during COVID?

    https://www.reuters.com/article/us-usa-trade-canada-wto-idUSKBN25K1OR

    Trump's only trade policy move is "I think I'm getting a bad deal, let's try tariffs"

    Tariffs don't work. They never work. They only punish Americans by forcing Americans to overpay for products that come from a less efficient American industry leaving them with less money to spend on other American goods.

    Tariffs only hurt yourself under the guise of "saving an industry". It's an appeal to emotions.
    In conversationWednesday, 19-Jul-2023 00:54:18 JST from gnusocial.jppermalink

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    1. Domain not in remote thumbnail source whitelist: static.reuters.com
      Canada largely wins WTO case in lumber dispute with U.S
      from Reuters Staff
      Canada largely won a case before the World Trade Organization on Monday in a long-running dispute with the United States over U.S. duties imposed on Canadian softwood lumber exports.
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