In your world there is no such thing as Supply and Demand. Tariffs increase prices which cuts demand leading to over supply.
Cutting our international trade hurts our economy in many ways, not the least of which is a restriction on the Division of Labor leading to higher costs because too little is produced.
The Export Multiplier is positive.
Tariffs do not stand alone or get passed without retaliation. It is a pissing match between skunks.
Your ideas of the costs and benefits of tariffs are ass-backward and would require the disappearance of the laws of economic life.
There is free trade and free markets inside the USA for Americans to trade and do business with each other. Supply and demand works just fine INSIDE the USA. Like our founders envisioned. Globalists like you were hung back then. And rightly so.
Cutting our international trade hurts our economy in many ways, not the least of which is a restriction on the Division of Labor leading to higher costs because too little is produced.
The USA can and should be self sufficient in all things except tropical fruit and petroleum. There is abundance galore here in everything from human capital to natural resources. There is no need for any foreign commerce at all except in very few circumstances. And no that doesn’t make one an isolationist either. Just because I don’t want import crap doesn’t mean isolationism.
The Export Multiplier is positive. Tariffs do not stand alone or get passed without retaliation. It is a pissing match between skunks.
I’ve explained to you dozens of times that our exports face an average trade tariff of 8% while we charge less than 1% tariff. We are already being retaliated against. So when will you comprehend that?
Your ideas of the costs and benefits of tariffs are ass-backward and would require the disappearance of the laws of economic life.
Bull. My idea would strengthen the USA both economically and strategically in case of general war.
You can be a patriot or a globalist but not both. You'd be wise to heed those worlds.