So which is it? Does Trump want to raise tariffs against our allies? Or have "no tariffs whatsoever?" Can you understand what a hard time?

...our trading partners are having trying to figure out what the hell is going on? Trump's a loose cannon he changes his mind about everything every 5 seconds.

Update:

Depending on if he's peaking or coming down from amphetamines near as I can tell.

9 Answers

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  • Anonymous
    2 years ago
    Favorite Answer

    It's very difficult and will be for our industries as well.

    Tariffs are like sales taxes and are regressive.

    Tariffs – taxes on imported goods – likely impose a heavier burden on lower-income households, as these households generally spend more on traded goods as a share of expenditure/income and because of the higher level of tariffs placed on some key consumer goods.

    The findings suggest that tariffs function as a regressive tax that weighs most heavily on women and single parents.

    http://www.aei.org/publication/tariffs-are-a-regre...

    Most people take for granted that they know how much an item will cost them when they look at the price tag and figure in the amount of their local sales tax. But low-income Americans end up paying extra for necessities like clothes and shoes — victims of an outdated, inefficient tariff system that inadvertently penalizes the poor. Even proponents of reform, though, acknowledge that the byzantine nature of the tariff code and the low priority it’s generally assigned by lawmakers makes the prospect of changing this entrenched system unlikely.

    https://thinkprogress.org/us-tariff-structure-is-h...

  • 2 years ago

    Ok

  • Anonymous
    2 years ago

    Trudeau is mainly preoccupied with picking out his next gay outfit.

  • spotty
    Lv 6
    2 years ago

    Take a course on negotiating and then maybe you'll have a better understanding of what is happening.

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  • 2 years ago

    I can understand how negotiation techniques can get confusing. One side says they don't want tariffs and then end up saying they will impose them.

    The goal is to eliminate tariffs altogether. Unfortunately, not all sides can agree upon that. While other countries impose tariffs against our products, Trump will impose tariffs against theirs. If the US were to do away with their tariffs unilaterally (i.e. without the other countries eliminating theirs as well), there would be no incentive for the other countries to play along.

  • Anonymous
    2 years ago

    It's not so much he's a "loose cannon" as having completely no idea about what he's doing.

  • 2 years ago

    Really? You can't figure it out?

    Optimally, Trump would like no tariffs and have free and fair trade. But since those other countries aren't going to remove their trade barriers, we're going to enact some of our own.

  • Anonymous
    2 years ago

    Trump lost his honorary presidency of the Hair Club for Men.

  • 2 years ago

    Reportedly, the reason for that is that he listens to the last person he talks to...

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