What everyone misses, and the current resident of the White House never seems to have learned, is that you can't really use tariffs to accomplish anything anymore. They are an obsolete 16th and 17th-century concept that last really was workable in the early 20th century.
The problem in the 21st century is that so much trade is international that whatever we do to them, they can do to us. So you cannot win.
There is also the fact that it's not "them" that pays the tariff. I honestly believe that the president doesn't understand this. Tariffs are paid by OUR companies, not by the Chinese. So by implementing tariffs, you are just bleeding our own companies.
So we just put tariffs on steel and aluminum. And across the world, other countries just slapped tariffs on our agricultural products, tech products, and other goods that we make here. So how did we win? We didn't. No one does.
You cannot tariff your way to success in the 21st century. The world has changed, we can argue if it's for the better or not, but you can't argue that the world works differently now than it did back when tariffs actually were a workable way to protect a domestic industry.
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