Market Losses and Tariffs from the Military Industrial Complex

[.455_Hunter]

Trump being Trump and using money as leverage for whatever deals he has in mind for various countries.

What he is citing as reciprocal tariffs are new taxes based on trade imbalance rather than the actual tariffs imposed on US goods by other countries.

How his advisors allow him to get away with calling apples oranges is beyond me but there is either a reason for it or they are all dumbasses too.

The US is the wealthiest country on the planet, and the 3rd most populous. There will always be trade deficits. Trying to tax your way out of them accomplishes little good and a lot of bad.

There were actual foreign tarrifs on US goods, not just imbalances. I will agree that they were not as extensive as the "chart" indicated. However, the positioning of the US as solely a purchaser of manufactured consumer goods versus a manufacturer of consumer goods needs to change, even if it means higher costs for US made products over Chinesium crap.