A 200 percent tariff on good made overseas....interesting how that not raise the price on goods?? Made here means higher labor.... made oveseas...TARIFF, TARIFF like the world has never seen. Add the mass deportation...who's going to do the work? But don't worry, in Arkansas kids under 12 can work, fuck school. This is crazy ass terrorism here...
He'll be going full scale dictator now...and this is from a guy who bankrupt a casino. But in two years, when a washer will be $1600......he'll blame Biden Buy that washer, dryer, refrigerator and any or those large ticket items now.
I'd rather pay more for a washer and less for food and gasoline. Sounds like you want it all, but it doesn't work like that. Trade practices, taxes and revenue all need to be balanced in order to avoid more debt, which is Kamala's plan. American workers will be the ones to benefit from encouraging manufacturing of washers in the US, and if yours breaks, a replacement part is only an overnight post away, rather than the two weeks you will wait for parts from China or Korea.
I guess he doesn’t realize Presidents have always been able to use trade tariffs for political purposes. The only reason it ever stopped was because of neoliberal free trade policies that gutted this country of domestic manufacturing. Even Biden has stepped away from this nonsense, as it’s obvious post Covid that it’s idiotic to outsource everything to China.
From Grok: The U.S. Constitution grants Congress the power to regulate commerce with foreign nations under Article I, Section 8. This includes the authority to impose tariffs. However, over time, Congress has delegated some of this authority to the President through various acts. . Trade Expansion Act of 1962: Section 232 of this Act allows the President to impose tariffs if imports threaten to impair national security. . Trade Act of 1974: Section 301 provides the President with the authority to impose tariffs or other trade restrictions in response to foreign trade practices that are deemed unfair or discriminatory against U.S. commerce.
Trump explained in one of his recent interviews that he uses the threat of tariffs to motivate behavior. . In general free trade will find the most efficient system. However there are national security as well as social issues that crop up. The most advanced chip fabs are in Taiwan. China could launch a couple missiles and cripple electronic chip production for years. Manufacturing has disappeared from many areas of the US. There are certain classes of jobs that don't require a ton of intelligence or training -- such as assembly line work. Those people who have found alternate jobs are probably paid a lot less. And others are simply unemployable. There is a fear that the only thing to save use from this growing segment is UBI (universal basic income.) However someone has to pay for that. And UBI experiments have a terrible experimental track record. Getting paid to do nothing is a powerful incentive to do nothing. It enforces learned helplessness.
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