We need financially balanced trade, most especially in the motor vehicle industry.
The Democrats’ PPACA means our companies have the very highest health care costs in the world.
The idea of 0% tariffs is ludicrous as long as the high cost PPACA burdens our manufacturers.
How’s your Welsh? Irish? Swedish?
Without being able to read the laws, a company is almost sure to violate at least one.
Tariffs are just one type of trade barrier.
“Tariffs are just one type of trade barrier.”
That’s true - Trump has to keep taxation and regulation of US manufactures competitive as well as address the fact that many of our trading partners (adversaries) subsidize capital investment and manipulate their currencies to gain unfair advantage.
However, the “mutual disarmament” of tariffs is a very important first step - because the non tariff barriers are costly to the country imposing them, and tend to be politically unsustainable in the absence of tariffs.
I am a firm believer in retaliatory tariffs against the EU, China and Mexico and even I have to admit this is a win.