With regard to tariffs, Trump said numerous times that he uses them as a negotiating tool to force importers into deciding not to dump bad products at high prices into the US economy. Trump explained that often the tariff is never applied, because instead he’s able to get the importer to adhere to his price and product requirements so that Americans will not face low grade imported goods that threaten American made manufacturing. But even more than this, the importer will often decide to walk away and not import at all, which in turn helps increase US based product manufacturing. US companies will deliver more American made products to US consumers that are better made at a fair cost. This also increases US manufacturing jobs - helps the job market! Tariff threats in his first administration helped the US economy, before Covid, tremendously.
These are important facts that should be shared so readers hear all sides to a story rather than just be left to feel “tariffs are mostly bad”, right?
Thank you, for a good summarization on the Tariff, situation.
Thank you!!
With regard to tariffs, Trump said numerous times that he uses them as a negotiating tool to force importers into deciding not to dump bad products at high prices into the US economy. Trump explained that often the tariff is never applied, because instead he’s able to get the importer to adhere to his price and product requirements so that Americans will not face low grade imported goods that threaten American made manufacturing. But even more than this, the importer will often decide to walk away and not import at all, which in turn helps increase US based product manufacturing. US companies will deliver more American made products to US consumers that are better made at a fair cost. This also increases US manufacturing jobs - helps the job market! Tariff threats in his first administration helped the US economy, before Covid, tremendously.
These are important facts that should be shared so readers hear all sides to a story rather than just be left to feel “tariffs are mostly bad”, right?