But if this tariff takes effect, it will cost more jobs in this country than it creates, and not by a narrow margin, either.
How about some reliably sourced facts?
A little pain now for great rewards later is a solid negotiating principle. This administration understands that and in typical Trump fashion you demand 100 and hold the line when your goal is really to obtain 50.
This is not happening in a vacuum as constantly discussed on the media. There are many negotiations in play on a variety of subjects and Trump has tied trade into the equation to increase our position. We are the biggest client so we have an upper hand and the administration has been quick to settle for more favorable terms after each announcement. Winning.
But if this tariff takes effect, it will cost more jobs in this country than it creates, and not by a narrow margin, either."
Trump's opening gambit is never his final position. What starts out as a tariff is in reality an invitation to come to the negotiating table. If his opening stance seems drastic, that is by design because its severity insures that your opponent will be motivated to seek relief. He clearly is a student of Sun Tzu and believes in always leaving his opponent an honorable route of retreat. So the ideal outcome of the negotiations also must include leaving to the opponent some small victory they can show to the folks back home to support their claim that they didn't get raped by Trump. The net result of engineering a "Win-Win" business deal is the cultivation of a trading partner who is eager to deal with him again.
A good friend of mine owns his own business installing commercial overhead doors and he specializes in building heavy loading docks with mechanical truck trailer restraints. Everything is steel. His quotes have been all over the place this spring already.
“But if this tariff takes effect, it will cost more jobs in this country than it creates, and not by a narrow margin, either.”
That’s right. “Free trade” has saved so many industrial jobs in the USA and Canada in the last 25 years - we are just rolling in dough !
Some people just can’t give up on their ideology, even if there is multi decades of evidence of failure: communism, socialism, progressivism, global warming, “free trade”...