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Trump vows trade policy of 'tariff and tax' on other countries

8 Comments
By Beiyi SEOW

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8 Comments
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Tariffs always damage those who levy them.

Instead of whining about this or reciprocating, consider that it is a large planet. Diversify your customer base away from the US as rapidly as you can, find new markets, and leave the US to do its own thing for a bit. You should never be too reliant on one group of customers. Trump 2.0 will work like Brexit. Popular enough at the ballot box, universally toxic in its consequences.

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Trump reiterated his plan to set up an "External Revenue Service" to collect tariffs, duties and revenues, promising "massive amounts of money" pouring in from foreign sources...

Trump's Treasury secretary nominee Scott Bessent told lawmakers last Thursday that he disagreed the cost of tariffs would be borne domestically.

No surprise that Trump doesn't gey how it's going to work, but the incoming Treasury Secretary not understanding basic economics is a worry.

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get this America exports about 1.2trillion to Canada Mexico and the EU every year, these same countires have stated they will retaliate with their own tariffs, the markets are going to implode from Trumps tariffs war, not to mention the 100s thousand of American jobs at risk when US exports tank.

MAGA aka you got what you voted for FAFO

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Well done

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take a look at trump right hand.

It is NOT placed on the bible.

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ZENJIToday 01:54 am JST

take a look at trump right hand.

It is NOT placed on the bible.

Of course. You don't want to lie with your hand on that book.

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Trump has no idea of why and how Tariffs work.

To even suggest that Tariffs can replace the income the Govt gets from Federal Taxes is the pinnacle of ignorance.

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While the U.S. was infatuated in money games neglecting its own economic affairs, China worked hard to import foreign technology and industrial know-hows.

Does this have anything to do with Trump’s Make America Great Again campaign?

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