I tuned into a talk show this morning for a few minutes and Steve Forbes was on.
He was irate about this. He said it is the groundwork for a European-style VAT tax that will tax certain imports. He said it would add thirty cents a gallon to gasoline and that would cause a domino effect to other goods.
And he added if democrats ever regain power, with this framework in place they could crank the rates skyward.
How kind of “republicans” to put this in place for their friends across the aisle.
I am sure Billionaire Steve Forbes feels the pain of my brother-in-law whose manufacturing job was shipped to Mexico. Steve’s stock is doing pretty well, thank you!
Their friends are not “across the aisle” and they are it their friends. They are their bosses.
Personally I think the USA would thrive behind an iron curtain of tariffs and secure borders.
Steve has been giving advice that no-one listens to for years. He also ran a losing campaign for Trumps new office.
Trump may have to run against some of the GOPe Progressives, maybe effect some big change in GOP leadership in two years.