Great article (and I learned something about the Civil War)!
Trump's tariff plan is interesting. He stated first that it was to balance trade (since other nations had high tariffs for USA products), and secondly the tariffs would make America rich (like it was before income taxes were instituted.) Not much explanation on how that would work, and, of course, the Left kept INSISTING that US citizens would pay for the tariffs.
Then there were the negative responses from Canada and Mexico, which eventually resolved with Trump getting the policy changes from those nations we needed. THIS was a tariff angle that had not been explained, perhaps to keep other nations off their stride until policy changes were made.
THEN Trump promoted the 'reciprocal tariff' plan, which finally made sense-totally fair!
I'm a retired engineer, not a financial/trade expert. But once I understood the foreign policy and reciprocal tariff uses (that were needed since foreign policy negotiations had failed) it all made sense.
Great article (and I learned something about the Civil War)!
Trump's tariff plan is interesting. He stated first that it was to balance trade (since other nations had high tariffs for USA products), and secondly the tariffs would make America rich (like it was before income taxes were instituted.) Not much explanation on how that would work, and, of course, the Left kept INSISTING that US citizens would pay for the tariffs.
Then there were the negative responses from Canada and Mexico, which eventually resolved with Trump getting the policy changes from those nations we needed. THIS was a tariff angle that had not been explained, perhaps to keep other nations off their stride until policy changes were made.
THEN Trump promoted the 'reciprocal tariff' plan, which finally made sense-totally fair!
I'm a retired engineer, not a financial/trade expert. But once I understood the foreign policy and reciprocal tariff uses (that were needed since foreign policy negotiations had failed) it all made sense.