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Seano said:This doesn't explain why you claim it works for everyone but the USA. Literally every country benefits from tariffs.
So what do you mean? They're punishing their own people according to you. Why would they do this? If they're not as rich as us, they're double fucking their people. How could this be?
Tariffs do two things. They make imports less competitive and they create revenue for the government if people insist on buying it anyway.
I don't think you and others really understand it as well as you tell each other you do. You all talk in circles on this issue.
Not sure what happened with the format there haha, not to worry though.
No, let me be more specific, tariffs are generically a lump hammer tool, they're not very good. But when you need to raise a heavy shield, you use a tariff. The UK should have used tariffs on Chinese steel, but for whatever reason failed to do so, and now we're having to pay through the nose (again) to protect our industry.
Tariffs aren't a good thing, they make everything cost more, they're generically bad for business, but in this case having a steel industry is the most important aspect - more than price.
"Creating revenue" shouldn't be the sole aim of a tariff, but it's no surprise Trump wields it as a form of taxation.
So as not to "talk in circles", what do you find problematic/questionable here?