Ryuu96 on 06 April 2025
Simply lowering trade barriers, if they exist, won't be enough, because they don't factor into the random calculation of these so-called tariff rates. Israel, for instance, eliminated all of its tariffs on U.S. imports on Tuesday. Trump still imposed new tariffs on Israel on Wednesday. That's because Trump's real goal is not really to eliminate trade barriers; it's for the U.S. not to have a trade deficit with any country in the world.
Wall Street Blew It - The Atlantic
