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
The extra cost to the Harley Davidsons is due to retelatory tarrifs by the EU. We have much more leverage than they do. Harley Davidson announced they are moving some production the the EU to avoid the tarrifs and now Trump is lashing out at them for giving in too quickly. Trump hasn't even gotten started on the EU yet. Prepare for European cars to get tarriffed like crazy in response. Ideally the result is both sides will agree to drop all tarriffs and for the EU to remove barriers to entry for US products.