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Trump’s tariff actions are far more extreme than what we saw in his first term. 1.0 tariffs hit ~$380 billion of imports over the course of several months, mainly focused on China. 2.0 tariffs will hit about $1.4 trillion of imports in a few days, mostly on our allies.
David Watson 🥑
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This first tranche of tariffs would take the average rate on all imports to a more than 50-year high.
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Erica York
@ericadyork
Trump's proposed tariffs on China, Canada, and Mexico would nearly triple the average tariff rate on all imports, taking it to a high not seen in more than 5 decades, from @TaxFoundation.
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The mission is to re-shore a large amount of manufacturing to the US, especially from China Academic economists hate this because they want a borderless world We don’t live in that world Security and good blue collar jobs are more valuable than optimal economic efficiency and
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"Allies" whose governments are unwilling to stop the flow of drugs killing 100k Americans a year. Those that profit from your death are not your friends.
He will unite the world! Against the US, of course, and into the arms of China, but I guess that's what his voters wanted.
First China tariffs led to a $30b taxpayer funded bailout for our farmers. Talk about shooting ourselves in the foot.
The fentanyl crisis is a big deal and requires bold action. The fact we have to resort to a move like this to get our "allies" to clean up their acts is disgusting!!
This is what it takes to fix what the damn democrats broke. Small amount of pain, will bring about Big Amount of Gains!
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The US doesn't have any allies. The US always backstabs people who think that we're their allies. Just ask the USSR.. oh wait...
And he already announced tariffs and trade war against🇪🇺. I assume we in🇪🇺will smoke Tesla cars in the near future with 100% retaliation tariffs. And much more. Sad to see what an ignorant incompetent uneducated moron the 🇺🇸citizens elected. Trump is punishing 🇺🇸citizens & allies
You have no allies anymore. We all understand that America cares only about itself. Enjoy all that trade with yourself