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Patrick Boyle
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Comments by "" (@badluck5647) on "Can Trump's Tariffs Work?" video.
Tariffs only make sense as a way to punish countries for unfair tade policies such as Chinese dumping or currency manipulation, or they make sense for national security purposes such tarrifs that protect American defense industry from getting the best deal from hostile nations such as China steel. Countries like Mexico and Canada don't fit into these categories.
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@aaronjjacques Mexico is going to start letting migrants caravans across Mexico again and give counter tarrifs. Basically, hurt economic growth across North America for a poltical goal that will fail.
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@johnridout6540 Universal tarrifs are harmful for the economy because they disrupt global supply chains, while targeted tarrifs towards unfair trade practices such as dumping is good for the domestic industries. Also, if the sanctions are designed to punish, then there are sanctions that harm the exporter more than the importer. Just look at Trump's trade war with China. Trump basically surrendered with a deal that only benefited China as Trump's universal tarriffs on mostly consumer goods were paid for by Americans, while Chinese targeted tarrifs on American farmers lead to the Chinese consumers to buy from other markets.
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Ignorant Trumpers like to point at the labor participation rates as a solution, because they just believe it is bunch of welfare queens. In reality, it would be asking a bunch of college students, housewives, teenagers, and retirees to move to a company town to work in a factory.
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@RobertLutece909 Do you seriously still believe that people have the option to live off benefits instead of working? They put a time limit on welfare and unemployment back in the 90s.
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