haxxiy said:
That's a common belief in MAGAland. The slightly smarter ones try to cope mentioning it could lead to lower taxes or aid American manufacturing. Never mind that you'd need universal 200% import tariffs to replace income taxes. |
Trump tried tariffs in his first term, I was actually supportive of them, and came to his defence repeatedly, including on this website, because I believe China being the manufacturer of the world is a security threat. "bringing manufacturing back." was a solid campaign platform to run on. However, none of those tariffs made a dent.
To be fair, Biden kept those tariffs, doubled, tripled and quadrupled some of them. But coupled them with solid infrastructure investment programs and subsidies that actually made the difference and help manufacturing boom again.
Meanwhile, Trump 2024 ran on repealing the chips act because it was terrible for America... and the MAGA cheered. Wat. At least the goal was clear with the first round of tariffs during his first term, but I'm not sure what's going on right now, it doesn't seem like anyone is able to explain to me