Comments by "Kevin Hicks" (@Hickalum) on "COVID 19 started in a lab- says the CIA last night" video.
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@BeWater2019 There is a common misconception that Trump is planning to use Tariffs as some kind of economic weapon … The reality is that, globally tariffs are heavily screwed against the USA in favour of Europe. This was done after WW2 to enable the recovery, and rebuilding of Europe. Those days are over - Trump intends to achieve equity.
But he also has no hesitation in using tariffs to force behaviours in other nations. For example he has told Mexico; stop sending millions of illegals over the border and stop sending fentanyl laced pharmaceuticals our way or face 25% tariffs. Not to mention a 60% tax on remittances (that is money Mexicans send back to their families in Mexico). We shall see if it works.
Now, when you impose tariffs it is your population who pay the surcharge on whatever goods have tariffs on them (btw, you cannot impose tariffs on a nation - only on defined goods). So, arguably, it’s your own population that ‘suffer’. The intention is, however, that eventually, more of those goods will be manufactured at home, rather than being imported.
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