important to understand the tariff issue. It’s pretty clear that Trump has espoused free trade. And I think there’s little question that that is the ideal. So country A has no tariffs on country B, but also country B has no tariffs on country A. THAT is free trade!
And several big countries (including India if I’m not mistaken–I think) have decided that they will no longer charge ANY tariffs at all on American goods. And in response, Trump has said that he will not charge any tariffs on them. Again, THAT is free trade.
You know what is NOT free trade? When country A charges no tariffs at all, while country B charges 80% tariffs on country A’s products. THAT is the issue. I mean, how many Ford dealerships are in China? And why do you think that is?
But it is rather amusing to have Leftists squeal like stuck pigs when Trump applies retaliatory tariffs! It’s not like we start from zero on both sides, and it is clear that if that were the case there would be no tariffs at all. But it is utterly foolish to say that I will charge no tariffs on your products but I will pay 80% tariffs on yours.
That ain’t free trade!
It’s just funny (and rather ironic) to have Democrats, who have never been on the side of free trade, suddenly present themselves as the modern incarnation of Milton Friedman! I don’t believe them. I think it’s merely more googley-eyed Trump hatred. These folks don’t actually know a dang thing about economics.