TACO is the latest dumb lefty idea
(media.kotakuinaction2.win)
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The thing that gets me is it is not true. "He chickened out on the tariffs!" Maybe the super high ones, but did we suddenly all forget there is a new 10% tariff on all imports that didnt exist before his whole plan? Apparently we did, including Wall Street since they are acting like things are back to what they were before. And of course, also ignoring the new trade deals and foreign investment that resulted in extremely strong economic numbers even as the stock market was setting its hair on fire for seemingly no other reason than "Why are you touching things?!"
The super high ones are the ones that matter.
The only reason I am pro tariff is to onshore US manufacturing.
These trade deals represent nothing but a flash in the pan corporate giveaways.
What are the “really strong economic numbers” and when do they start reducing inflation lowering gas prices and incr asking my wage rate?
Differences in price don't have a linear effect, they have an exponential effect; they also have inertia as supplie chains shift and empty out, etc.
When applied it mans that the adjustments go: "Not enough, not enough, not enough, WAY TOO MUCH!" while there is a lag of months between cause and effect.
Perhaps 10% is too low, but it is a lot better than none. He also got the market panic out of the way and now the tariff is in place.
If in a year Trump wants to raise the tariffs to 12% (which would be a fucking huge jump) then it won't be a big deal. Not only that, if he signals the new tariff hike, he'll get companies to make plans to onshore supplies early.
Trumps strategy with the Tariffs has been a brilliant management of foreign relations and the media circus.
Yes, I hope he puts them up (even though I don't live in the USA, and it will hurt my country); but I am happy with the way things have gone.