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Politics - US Politics |OT| - View Post

Pyro as Bill said:
Ryuu96 said:

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

Trump has been a proponent of tariffs for decades but he's not stupid. He understands why countries usetariffs but he also accepts that America can win at the free trade game too if they dont have to compete with blocs that devalue their currency.

Yes, he is.

Pyro as Bill said:

Ive already agreed the formula makes no sense.

Lol.

Last edited by Ryuu96 - on 06 April 2025