feld (feld@bikeshed.party)'s status on Wednesday, 19-Jul-2023 00:54:18 JST
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feld (feld@bikeshed.party)'s status on Wednesday, 19-Jul-2023 00:54:18 JST feld 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.