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A cartoon depicting a trolley on tracks heading toward a group of people. A person labeled Donald Trump stands nearby holding a lever, with text reading "You can stop the trolley at any time, but doing so would mean admitting you were wrong about tariffs."
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Joe Weisenthal
@TheStalwart
Replying to @TheStalwart
The US has now lost 78K manufacturing jobs this year bloomberg.com/news/live-blog
David Watson 🥑
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What is the "economic analysis" here? How are domestic jobs impacted by tariffs on foreign products? Or are you just connecting random data points with hysterical images of mass murder?
I think Trump knows tariffs are a big tax on Americans and American businesses, and he’s using tariffs to transfer wealth to those who are already wealthy. His public statements on tariffs are intentional gaslighting.
Tariffs can work to induce domestic industry; but Trump admin did it as poorly as possible A large federal injection via grants and other programs is needed. Foreign investment is inefficient Un-targeted tariffs also serve no purpose but to cause excess economic strife
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Melvin
@LaurenzRod
Regardless of what's good trade policy, who thinks manufacturing could spring up the first month?
A few months isn’t significant time to let tariffs show positive effects. Right now its just a knee jerk reaction to the announcement