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chimprich | 1 month ago
But what about the other side of the coin - that exports will now become more difficult, because of retaliatory tariffs? How does that help your domestic economy?
Trumps solution seems to be to try to bully other countries into accepting tariffs and not imposing tariffs on American goods. But how is this supposed to work? Quite apart from the appalling moral and fairness aspects of this strategy, trashing the economies of other countries is a bad idea, because you want other countries to be wealthy so they can buy stuff from you.
Free trade has built the modern Western world, and has already made the US the world's leading economic superpower. I can't even see what Trump is trying to achieve.
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