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“Trump Pledges Tariffs on Mexico, Canada and China”
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khdutton is
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Basically the US is built to handle being without tariffs instead focusing on buying power by consumers. If you add tariffs it means buying power will go down and consumers will get fearful thus spend less.
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Yeah except this is all reliant on every other country not tariffing in return and keeping those tariffs. Mexico in particular has a lot of good reason to be heavy handed.
Also just to say, you are assuming a lot going in a specific plan for the GOP for this to work. Trump is way too reactionary and more likely to enact more tariffs if he feels personally slighted. Dude is way too predictable and easy to manipulate.