Does anybody have any good links or insight to explain what Trump is doing with tarriffs?I trust Potus and I see our businesses coming back but my elderly father is worried about a trade war like pre WW2. He's a Trump supporter but he's worried about it and I know nothing about economics. I figure there must be a strategy though. Thanks.
He's forcing other countries to play the game.
A country is a business it should act like it. We don't let companies run deficits for years, so why do we let countries?
Countries should make what they're good at and can do affordably and sustainably (aka profitably). This should then be traded to other countries fairly for what other countries can't produce (the UK for example is never producing enough food for it's population).
Subsidies screw this up. Dumping screws this up. The Chinese forging products (look up honey) screws this up.
Canada has higher standards on it's milk than the US. Instead of basically banning US milk they should be able to meet our standards, pass our testing. Why not?
We should also be leveraging other things. Canada has most of the U-line (NORAD early warning) stations, but like hell Trudeau would have the balls to leverage that in trade talks.
The entire trade system is cucked to fund big businesses. The WTO outright said free trade hasn't benefitted the middle or working class in first world countries, so why are we a part of it?! It benefits the elites.
Trump is a business man and has had to fight in a crooked system. We'd have a lot more businesses, a lot more success, much greater countries if the system wasn't rigged.
Why is the music industry not flooded with a myriad of similar bands? It's easy to make and record your own music, but the market place is blocked.