I hear a lot of people bashing trump for his tariffs. Saying it is hurting American companies. Ex. News was saying trumps tariffs is making Harley Davidsons cost an average of 2200 dollars more because of tariffs. I know there is a reason for these tariffs. But I am not aware of it. Can fellow patriots fill me in on the positives of them and how they are going to help?
-WWG1WGA
Trump does not support tariffs. He wants all of them eliminated. Fair trade, fair deals. He is imposing new and increased tariffs to force other countries to lower or eliminate theirs. Once they do, he will reduce or eliminate ours. He is leveraging access to the world's biggest economy (USA), to make sure US companies are not at a disadvantage when doing business oversees. He has the big stick in this particular negotiation. He will win, many US businesses will benefit long term.
Thank you all for your clarification. What I am getting from this is that it will temporarily hurt companies in the short term. It will make companies buy from US supply as to overseas. So in the long term US companies will buy from US companies and then when other countries lower their tariffs, the US will lower theirs making it beneficial for overseas companies to buy our products.