Jason Ingledue
commented on
Already $330B worth of Chinese imports to the US are slapped with a 7.5% to 25% tariff since Trump's first term. These weren't lifted by Biden.
Adding 25% on top of what exists already isn't just overkill - it's counterproductive. US imports from China are running 2% higher in the first 9 months of 2024.
In other words, tariffs on China aren't cutting demand for Chinese goods in any meaningful way.
Meanwhile, Mexican expor...
Adding 25% on top of what exists already isn't just overkill - it's counterproductive. US imports from China are running 2% higher in the first 9 months of 2024.
In other words, tariffs on China aren't cutting demand for Chinese goods in any meaningful way.
Meanwhile, Mexican expor...
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Jason Ingledue SatyrForest : US dollar value goes down the less trade partners we have. Add in the fact the reason basic manufacturing is done outside the US is it can be done for very cheap. You bring those jobs into the US the products will cost more because Americans aren't working for less than minimum wage like the foreign production. unemployment % is already low, no one is going to work crap jobs for crap pay when better jobs exist.