U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.
Hey dipshit (not OP), the whole point of tariffs is to reduce imports. Of course a, sane person would ramp them up over time to allow any domestic production the chance to fill the gaps.
Not to mention some sectors will probably see a loss in revenue as costs become out of reach due to more expensive labour. Not to mention the movement of wealth from bottom to top also reduces people’s spending power so if you make things more expensive at the same time… Well… Wcgw? Lol.
Hey dipshit (not OP), the whole point of tariffs is to reduce imports. Of course a, sane person would ramp them up over time to allow any domestic production the chance to fill the gaps.
Not to mention some sectors will probably see a loss in revenue as costs become out of reach due to more expensive labour. Not to mention the movement of wealth from bottom to top also reduces people’s spending power so if you make things more expensive at the same time… Well… Wcgw? Lol.
All you need to look at soybean and steel tariffs and brexit, all are result of successful Russian propagandam