Pay attention to who is melting down the most over the sweeping tariffs President Donald Trump implemented this week. It’s the same wealthy Wall Street elites and career politicians who have been exploiting American workers and pillaging the middle class for decades.
There’s no denying that Trump’s tariffs have created market turmoil and raised concerns about a potential temporary recession. But the alternative was to continue down a path that would only accelerate the country’s slide into cultural and economic ruin.
What Trump is attempting is something rare in modern American politics: making the case that some short-term sacrifice is necessary for long-term prosperity. This kind of political courage is precisely why Trump has maintained such a loyal following for a decade, despite unprecedented efforts to smear his name, impugn his character, and even imprison him.
Yes, Trump is acknowledging that prices for some goods will temporarily rise due to these tariffs, in some cases significantly. But those goods will now be made in the United States. Wages will increase, and more of every dollar Americans spend will stay in the U.S. economy rather than enriching foreign oligarchs and the c-suites of multinational corporations.
It is the failure of D.C. elites that has made Trump’s tariffs necessary. Corporate executives, more loyal to their stock prices than to their employees, sold out American workers to the lowest foreign bidder, hollowing out once-thriving manufacturing towns that symbolized the American Dream.
Meanwhile, politicians—beholden to big business donors—were all too eager to implement policies that facilitated this betrayal. Under pressure from corporate interests, the United States paved the way for China’s entry into the World Trade Organization and granted the communist country Most Favored Nation status. Subsequent so-called “free trade” agreements like NAFTA, KORUS, and TPP further sacrificed American jobs for corporate profits.
Trump is finally saying what no politician before him has had the courage to admit: globalization and the false promise of “free trade” are among the greatest scams ever perpetrated on the American people. While Republicans and Democrats alike took corporate dollars and preached about “free markets,” China erected tariffs to protect its industries and gutted U.S. manufacturing. By 2023, nearly every G20 nation had higher tariffs than the United States.
Sure, globalization brought cheap textiles, plastic toys, and electronics, but at what cost? Skyrocketing deaths of despair across the American heartland, a shrinking middle class, and downward economic mobility. For working- and middle-class Americans, there was nothing “free” about so-called “free trade.”
The only true beneficiaries of this corrupt system were the wealthy elites who profited by shipping American jobs overseas. The exploding wealth gap—a favorite liberal talking point—is a direct result of globalization. American workers were replaced by slave labor in China and child workers in Indonesia, all to fatten the bank accounts of elites.
Not all companies choose profit over patriotism. Many, such as Nokona baseball gloves, Airstream travel trailers, Harley-Davidson motorcycles, and All-Clad kitchen pans, have long embraced the argument Trump is making now: “Yes, you may pay a bit more, but you’re supporting American jobs and families while receiving superior quality.” The continued success of these companies proves that Trump’s tariffs can work.
There are already clear signs that Trump’s tariffs are yielding results. Since Trump took office in January, more than $1.7 trillion in new investment has poured into the United States. General Motors is ramping up vehicle production in Indiana. Apple has announced a $500 billion investment that will create 20,000 American jobs. GE Aerospace is investing $1 billion across 16 states. Even foreign firms, including Japan’s SoftBank and Taiwanese semiconductor giant TSMC, are increasing their investments in the U.S. economy.
Democrats once sounded a lot like Trump when warning about the dangers of trade deficits and unfair tariffs. A resurfaced clip from 1996 shows Nancy Pelosi arguing against granting China Most Favored Nation status, lamenting that while the United States imposed a mere 2 percent tariff on Chinese goods, China levied a 35 percent tariff on U.S. exports. In 2008, Barack Obama labeled NAFTA a Wall Street scam. Bernie Sanders has spent decades excoriating free trade.
Yet today, Democrats argue that foreign nations should impose whatever tariffs they want on American goods while the U.S. should not retaliate. What changed? For starters, Pelosi and other members of Congress have made a fortune in the stock market by exploiting globalist policies at the expense of American workers. And of course, “Trump Derangement Syndrome” remains in full effect—if Trump supports something, Democrats reflexively oppose it.
The stock market may indeed experience a temporary correction, and that is a legitimate concern. But even Trump’s critics acknowledge that much of the economic growth (and by extension, market gains) during the Biden years was built on reckless, unsustainable government spending. The ticking time bomb of “Bidenomics” was always going to explode. Trump led a thriving stock market during his first term, and he can do it again.
Trump’s tariffs represent more than just an economic policy shift; they are a long-overdue course correction for a nation that has been exploited by its political and corporate elite. For decades, Americans were told that globalization was inevitable and that the outsourcing of jobs was simply the price of progress. But under Trump, that lie is finally being exposed. He understands that a strong America is built on the backs of its workers, not dictated by the whims of Wall Street and foreign competitors.
The media and globalist elites will continue to howl, but their outrage only proves Trump’s point: these tariffs threaten their grip on American prosperity. Meanwhile, factories are reopening, investments are flowing in, and families who were once abandoned finally have hope again.
Yes, there will be short-term challenges, but Trump is playing the long game—one in which the American worker comes first, industries thrive, and future generations inherit a nation that makes and builds again.
Shane Harris is the Editor-in-Chief of AMAC Newsline. You can follow him on X @shaneharris513.
No nation on earth can survive and thrive long-term solely as a consumption-based economy. We have successfully out-sourced nearly our entire manufacturing capacity for almost everything to China and several other countries thanks to what was dubbed “free trade” (it actually wasn’t given the way it was setup) by the likes of G.H.W. Bush and Bill Clinton. We quickly outsourced whole sectors of our national economy to other nations, chiefly China and India to start, in the 1990s and early 2000s, and then later to Vietnam, Japan, and South Korea under the false promise that somehow American incomes would magically continue to rise despite many high-paying industries being shipped offshore.
To top it all off under this so-called “free trade” environment, almost all our trading partners intentionally price us out of their markets for what American goods we do produce and try to export by charging us far higher tariffs and other fees. Thus, creating huge trade differentials and of course lowering our overall economic growth here.
Our recent experience during Covid when the American people were presented with the hard reality that China controlled our access to almost everything, we needed should have driven the point home, that American has made itself completely dependent on nations that either don’t really like us or some that really want to do us harm. Then again, apparently not by some comments here.
It will be interesting to see how much discomfort the American people can withstand in the short-term. My guess is not as much as President Trump thinks the American can. The MSM has been doing an outstanding job of fear mongering the American public over the last 6 weeks and the Democrat supporters on Wall Street are doing a great job of shorting virtually everything and making a fortune as the market sells off, so they can buy it all back at incredibly cheap prices and make another fortune when the people force the President to relent.
So while Trump is the first President in 30 years to try and redress the huge imbalances in the so-called “free trade” environment that has benefited everyone else at our expense for those 30 years, my sense is the American people will beg for any short-term pain to stop so they can go back to complaining about why nothing is ever done to fix any of our many problems.
Pres. Trump, as we see it is for American workers & American industries. He cannot be bought. He wants USA to be independent from foreign industrial complex and let our own innovations feed our people, which at the end, the World will envy. They made suckers of us with their high tariffs for our goods, now is our chance to equalize the playing field. Look at the tariffs they charged us for our goods exported to them, & yet they hardly pay tariffs (if any) for their goods getting in our market. Sooo unfair. BRAVO, Pres. Trump. we will win.
Thank you for pointing out, Pres Trumps, long-term vision. This is how Asian cultures do things. That is why China, Japan and Vietnam have kicked our collected Butts! Our governing elite have allowed our country to be sold out for short term gain. Plus, the gain was all theirs.
The left screamed 5 seconds after the tariffs were announced that this was a disaster. Not giving it a chance to see it work. In time all these countries will come around. Many already have. Businesses are already making plans to manufacture in the US. It took courage but president Trump has talked about this for over 35 years. Pelosi talked about this 30 years ago. The democrats can’t stand it that President Trump is saving America. Their whole propaganda has been to destroy him but they are destroying America. When business started to making their goods in China, India, Vietnam, Mexico even the democrats objected. China has become a most favored nation and America is on the brink of bankruptcy. Tge democrats don’t care. Soros et al is happy his billions has brought down a country and the dems helped him do it. Their will be sacrifices like there were under Obama and Biden. The stock market will be wild. All orchestrated by the billionaire investors. They don’t want America’s working class to become prosperous again. I love the comparison some one made that years ago with a yearly income of 3500 dollar. A family of four could live comfortably. This would be 40K today. No family of four can live on that and own a home, drive a car and put food on the table. And that is what Trump is going after. He is going to bat for those that made America great. THE AMERICAN WORKING CLASS.
As DJT has said, there will be a brief period of turbulence but if it brings back American jobs, all the increased wages and decreased welfare will make up for the temporary confusion!
Raise those tariffs and do away with the IRS, 16th amendment, and the income tax already; and do it per legislation not per executive order that can be redone with an autopen, and Obama’s phone! However, until then make the Trump tax cuts from his last term permanent finally, so they don’t come and bite us in our collective behinds next year when they are set to expire. What’s the hold up? Create the External Revenue Service to finance Uncle Surly from tariffs exclusively, but you can’t have both ERS, and IRS; it’s one, or the other!
Thank you President Trump! I have faith that you will correct the wrongs of the left for their own gain.
Moving Detroit to Japan was the beginning of the long slide down,until then everything you bought was made in USA. Canada is in the same boat. The richest truly blessed continent ruined by treacherous politicians and stupid voters.
Elites do not hate tariffs just because they work. They hate tariffs because their goal is to make the US a third world country and this make it harder for them to achieve their goals. To help achieve their goals they have one simple plan. Steal the elections and put in who they want. After that the “selected” official does what they want and they do not worry about being elected again because they know they will be “selected”. Trump is undoing the damage the Dems have done while he is working on getting the stolen elections brought out front and center.
This long-term view works if we stay the course beyond Trump’s term. It will take some time to build the capacity for success, and if we revert to the old Globalist path, the investments will be worthless in four years. That concern will limit success. The lawfare being used to slow Trump’s agenda and the potential for the democrats to take back at least one legislative house in ’26 will slow business response.
And it is high time that the American consumers start insisting on American made products. I am doing my part. I look for things made in America. I stopped buying laundry detergent sheets made in China and only buy those made here or in cooperation with Canada. WHen I look for something on Amazon, I ask for things made in America. There are web sites out there for Made in America products. If we stopped supporting all these products and insist stores carry more American made products, the companies that supply them won’t make the huge profits they do, It’s up to us.
Ross Perot warned us many years ago about the trade imbalance. Trump is the first president in decades with the guts to do something about it.
When we as a family get too far into debt, then we have to STOP all excess spending, cut back on all excess, go through tough times and pay down our debt. It’s hard and it’s painful! So, why should our government do any differently?! Yes, it’s tough, yes, there’s a transition period…… but the payoff is going to be awesome!
our government ran on tariffs, not Income taxes until 1913!!!! Think about it.
I’ve been listening to politicians tell me for most of my life that the United States has to be the bastion of free trade. After WWII, we needed to allow war-torn Europe and Japan to rebuild their economies. Long after their economies were rebuilt, they continued to put tariffs on imported goods from the US and establish other barriers that made it difficult to export to them. Fast forward and we were told that if we aided China in building their economy, free trade would entice them to want to be part of the world of trading nations and become a valued economic partner. How did that work out? They supply a large portion of our pharmaceuticals, electronics, green energy components and angst. They threaten Taiwan, Japan and other democracies in that part of the world.
Donald Trump is not a career politician and hasn’t swallowed the Washington Swamp Kool-Aid. While Democrats like to say Trump wants to help billionaires, helping billionaires has been a bi-party program for decades. As I write this I watch my IRA value going down. Well, it went down with the mortgage bubble in 2008, the dot.com crash of 2000 and Black Monday in 1987. Recoveries follow crashes. If we are successful in bringing jobs back to the US, this event will also become a memory. Stock values are dependent more upon fear or optimism going forward than the realities of the current situation. This is the first time we have articulated bringing fairness into the trade discussion and then actually taken action. The Washington swamp is not about fairness. It is about the care and feeding of the politically and financially elite. The president isn’t part of the swamp and he can create a short term trade philosophy, but a long term trade philosophy is probably not going to happen because members of Congress are more about self perpetuation than ensuring national economic common sense.
Very sad to say — but there are many brainwashed progressives who pride themselves on being world citizens, instead of proud Americans. These ideologues will purposely harm the economic strength of the USA, because they have illusions of building up the world order, at the expense of America.
Big supporter of President Trump. I hope these tariffs work, but when I’ve lost $100K plus in the market in less than a month and over $250K since 2020 you’ve got to wonder when the bleeding will stop.
The Elites are upset, now they need to begin to move their businesses back to the US! They will need to hire American Workers and not the slave labor from China! This also means they can’t line their pockets with the money from slave labor’s everyone forgets about!
:Long overdue & needed, finally cash back into our lives
END IRS & Income taxes & Prop /Death taxes
President Trump is tired of our country playing “Uncle Sucker” to other countries so Americans can buy cheap crap at Wal-Mart and Target while American craftsmen and workers are unemployed. Expect the usual bleating from the sheep who depend on the Enemy Media for news, but just ignore them. America needs a “Balance Of Trade”, not a one way trip to bankruptcy while the rest of the world gets fat.
Trump is right on tariffs, and deporting criminal illegals, and reducing regulations and taxes, yet Congress needs to move and make it law. Instead they fight each other, against Trump, and against us, the people. I can’t wait to see the day these traitors are in the congressional chambers and are taking away to jail in handcuffs. We shall know the truth and the truth will set us free.
There’s nothing to justify the Dow going from 29K, pre-COVID, to 43K at the end of Biden’s term, other than 20% inflation, unsustainable government spending, and market manipulation. The chickens are coming home to roost… as they always do.
Another reason the elites hate tariffs is because that is the way the country was meant to run financially, not on the backs of the wages of American workers using the income tax as a control measure. There was no income tax until the early 1900s. It had been tried before but never passed and even at the time it did it was assumed it wouldn’t pass. But then it was only on people making over $10,000 per year when most only made in the hundreds. What it has morphed into does not belong in a country that is known as the land of the free. If we could get the country running on tariffs rather than the income tax, perhaps we could at last get the Fairtax passed. It would do wonders for this country and the the morale of the majority of the people. April 15th would then be just another lovely spring day instead of a reason for acute angst.
I’ve had a more than 50 year career in the Forest Products industry. Over those many years I’ve been a witness to the predatory relationship of the Canadian industry upon the U.S. due to their unencumbered access to the U.S. market. Year after year U.S. businesses have been put out of business due to this situation and finally there appears to be some political willpower in Washington to level the playing field. Recently the largest shift in lumber production in our history has taken place with an amazing amount of new green field production sawmills opened in the South sawing Southern Pine which had been planted for the now significantly shrunken paper industry. Thankfully those logs are not going to waste but it should be no surprise that much of this new production was built and is owned by the predatory Canadian Forest Products industry. Ironically here in Maine the largest landowner and lumber producer is also a Canadian firm. These tariffs are long overdue.
Thanks. Hal Bumby
I bet all the liberal so-called elite’s all soiled their panties when this happened. Them using taxpayers money and insider trading to enrich themselves and all their friends and families may be stopping huh?? They are one of the worst parasites of the swamp. The money they steal from the government should all be going to the children and legitimate American citizens who need it. The people from the hurricanes were left alone and helpless by the crokked joe and kackels administration. They didn’t have food, shelter, communication, or hope till Trump went there. Meanwhile, politicians—beholden to big business donors—were all too eager to implement policies that facilitated this betrayal. Under pressure from corporate interests, the United States paved the way for China’s entry into the World Trade Organization and granted the communist country Most Favored Nation status. I think crooked joe and ALL his crime family were on the chinese most favored list, huh?? I bet that hunter is still getting chinese money, from them or from daddy’s secret hidden overseas bank accounts.
Thank you, AMAC, for once again a great informative article. Yes, back in 1994, I realized the hard way, what NAFTA would net the American populace. Cheap products from China and other countries who did not follow labor laws as are in America, would be our so called savings. So sad, the mills and factories that closed, and many had to go on the government just to exist. So thankful for President Trump and Mr. Musk.
the tariffs will return jobs to the USA. smart move.
Does anyone out there have some resources on the ways and means of tariffs? I don’t understand them all that well and it seems to me most people are like me in that respect. I hear lots of negative responses, lots of positives, but not much reflection on their attributes, problems and how they work. If I recall (not because I was there, although I am an old guy) but I recall that Pres. McKinley was a big tariff guy and the nation did really well under his leadership on that subject. So, if you have a source I can read or some data on the process, that would be helpful, otherwise I will have to trust/depend on our current President’s approach. A lot of folks, for whatever reason condemn tariffs from our side of the table and I have to wonder why. Any help will be appreciated.
When did it become acceptable to import products from communist nations? Nations who use child and slave labor to undercut US jobs?
I have faith in DJT! It worked last time and he left Biden with an amazing economy. I just hope the tariffs work relatively fast so that even more Republicans will get elected in 2026 midterms and we can just ignore the Dems for the last two years and JD Vance should be a shoo-in.
Wow! Every industry that it takes to run a strong country is supporting President Trump. What media is talking about this?
I know the lamestream media isn’t. No surprise when their viewers will get duped again…just like their total shock and ignorance when they discovered Harris did not win the Presidential election. Duuuuh.????
whitehouse.gov/articles/2025/04/support-grows-for-president-trumps-america-first-reciprocal-trade-plan/
Maybe (right now) our retailers quit ordering from China.
The market was down almost 1700 points on Thursday, and so far Friday is looking about the same. 2.4 Trillion in value gone in one day… devastating! For the last couple of months, the markets have been negatively reacting to the uncertainty of tariffs. On Wednesday all of the tariffs were in place and the markets once again reacted. That’s the bad news. The good news, we hope, is that there is no more when, if, and how much. The tariffs are in place… no more guessing; now we adjust. I would like to believe that we are at, or near, the bottom. A lot of bargains have been created in the markets and it’s only a matter of time before buyers start buying the bargains. Plus the fact that there are already positive signs behind the scenes, and investments being made, that will hopefully help to start to turn things around. It will have to happen soon though, because as bad as things are in the markets, one of my biggest fears is that if this doesn’t get fixed soon it will cost us the midterms. I believe that would be more devastating than anything else. Don’t underestimate the money and power of democrats. They want to see all of these efforts fail.
Thank God for President Trump. He, being a business man, sees how “our” system of handouts are bankrupting us. There is something inherently wrong when you are giving away so much money that you have to borrow from someone else to enable this nonsense to keep going on. You can’t buy friendship. When the day comes that the money flow to outsiders dries up then you find out that they actually hate you.
I like to think of these tariffs as equalizers. To me the tariffs represent reparations for the extra costs imposed on American factories and workers for clean air, water and ground and a safe work environment. These “equalizers” will help to promote clean environments around the world.
Congressional Democrats are experiencing their lowest approval ratings in history, polling at only 20 percent! The implementation of tariffs signals a shift away from neoliberal global economic policies, heralding a new form of economic liberation. There is a cultural shift that is taking place. Elite wealthy liberal globalism is being rejected and headed for the trash heap. There is a return to traditional National Civilization Populist States taking place, not only here in our country but around the world! The Democrats, having aligned closely with radical factions now find themselves in an 80% to 20% approval doom loop, further distancing themselves from mainstream voters. Markets go UP and markets go DOWN but history shows, they always seem to come back stronger than before!
Trump and his admin need to go a national TV and nation wide campaign to let as many people know about the tariffs that other countries are and have been charging us for decades in comparison to what we charge them for their imports. Huge mistake if they don’t do this to educate people and to debunk what the democrats and their media morons are telling people.
The way I see it, those countries finally hit with tariffs will have to raise the price of their exports(and possibly across the domestic market) to cover the tariffs. That will make American products more competitive. It’s the foreign entities that have to pay the tariff, it should Not be a “tax on consumers,” as the Progressive-Socialists try to spin it.
We desperately need to restart American manufacturing, not only for jobs, but for national security. We have gotten lulled into accepting cheap, inferior quality merchandise, because everywhere you turn it’s “Made in China.” Walk into some merchants, Harbor Freight for example, and there is not a single item that’s not Chinese in origin. Walmart used to crow about their stores only carrying Made in America stuff; until they got exposed for stocking Chinese crap. Now, most of their merch is Chinese.
The tariffs aren’t written in stone. As Pres. Trump has said, they drop the tariff rate, we drop the tariff rate; it’s reciprocal. Don’t listen to the Leftist tripe that it’s the end of the world as we know it. They tried mightily to accomplish just that in the last 4 years!
This is so right on many levels. For national defense, we absolutely need to have basic industries as well as advanced tech. We can’t be dependent on other, unreliable nations for our protection. We also should not fall for the false promise that we can all sit around doing “High-Value Brainwork” while peons in the third world are content to only do the “dirty” work of manufacturing. Nations like India and China are building up millions of scientists and engineers to also tackle the “High-Value Brainwork”. They will do to the American educated class what they have already done to much of the blue-collar class.
Every nation has been using the US as its market to build itself up. In return we have seen an erosion of our society. We can’t honestly look at like today and think the average person’s children have better prospects then they did. There is a reason for that and its name is mindless globalization.
Our politicians over many years did this to us and our country and refuse to take responsibility for the outcome. This is why both sides hate Trump, he is shining the spotlight on their failures and trying to set it straight, unfortunately many people even the ones that voted for him are not so willing to suffer through the short-term pain for the long-term gain. For the sake of our future generations, we need to continue to support what we voted for, change, truth and transparency of our government. IMO
Economic strength entails adding value to something that isn’t supported by govt giveaways (green energy crap). You have to produce products to create wealth, and that is spread around. Everything you saw when i was a child was made in USA, and it was the best. Need to return to that, and the 3-R’s in school.
I voted for President Trump in all three elections. We did well financially in his first term, and after reading his books, I knew we would. Based on what has been accomplished in the first few months of this term, I know he was not idle during Biden’s reign. Each time Biden or his minions made a major blunder and damaged the U.S., President Trump was taking names.
If you attended or watched his campaign speeches the list only got longer.
I live below my means, so I am not the least bit concerned about my financial well-being. I remember hearing someone say, “You cannot have any construction without enduring destruction.” Trump is a builder. Therefore, he will knock down some walls to build better ones to protect our country literally and figuratively. I can certainly deal with him doing that.
I am and always have been a great fan of President Trump. I do take issue with the tariffs. The article premise of the article is that the wealthy elites and career politicians are complaining and there will be a temporary increase in prices (sounds like Biden’s and Yellen’s characterization of inflation). While that may be true, I for one am neither and fear that the tariffs will cause rising prices for quite some time, decimation of retirees savings and investments. It is the wealthy elites who won’t feel it. Trump’s personality of get it done now is not the correct approach for what is a global economy. I couldn’t agree more that we must stop other countries from taking advantage of us but there are many ways to skin the cat without squeezing the people of this Country. There is ability here to lay them all out but to name a couple- greatly reduce corporate taxes, limited targeted tariffs in industries where we can immediately pick up the slack. Hope I am wrong.
It evidently turning for America both economically and respect that we had long ago until the left try to take advantage of American people especially elite politicians!
Whats happening today, I’ve seen it coming since 1990. I couldn’t for the life of me understand why the USA was giving away all its industries, all its production and internal prosperity: I knew 2 big things were going to come back to hurt USA in the long wrong: the immigration disaster and globalization.
i knew one day some one non-bs guy was going to come strong hand and put an end to it. Now he is here and we, the folks living at the same time will have to deal with the profound change and the consequences of waiting so long…
There Just one problem: “the price of eggs”.
Sad to see conservative articles try to use class envy (it’s only the wealthy that are hurt).
It’s not true; the fact is that Americans have a very nice standard of living, and we cannot produce things as cheaply as other countries. The ones who are hurt are the people who have to pay more for what they need.
…and I had to laugh at the line that things made in the US are better quality. Anyone who has had a US-made car versus a foreign-made car knows that most US cars are vastly inferior and break down more frequently.
I would like to see a complete chart of tariff comparisons.
So, so true. the elites are those who are the wealthest in the United States. Both them and the polititions for years have been making money hand over fist on the backs of the middle class. All these elites, elected officials are VARY WEALTH . It does not matter what side of the isle the elected official is on their intentions are to become or to increase their wealth. This is why I believe a flat tax across the board is needed now than ever before. It was never meant for elected officials to become wealthy as an elected official either at the Federal level or any other level of government. I am vary discusted with our elected officials in todays Federal /States Government. As far as the elites, business minded folks I am not as discusted with them. I don’t blame them for having the ideas,etc. and the drive and entrepreneur mindset to create and earn as much money as they can. I can’t fault anyone able and willing to go the extra mile. Our elected do not fit into that class of business fiolks. they are making their wealth differently. Speaking in general, some of them have never held an hourly paying job and don’t have the drive or entrepernur spirit . A lot of them talk about serving their Country, I ask in what capacity have they served??? Have they served in our military, job corps, any of the fields that benifited our great Country or have they spent their adult life in POLITICS? Our Country just fired a President that spent the majority of his life making a salary on the backs of TAX PAYERS. Sad, Sad how many polititicans have and are doing the same. In addition to a flat tax term limits for eleted polititicans have to happen. Generaly speaking, when our elected officials lying, When their lips are moving. There are a number of them that hate America, support socialism, communism and are proud of it. they are fascist individuals, they are dangerous group of polititicans that hate our Constitution. they have a political philosophy and a movement that is anti everything that our for fathers meant for our great County. To finish up before I fall off of my stool, be careful who you vote for you get what you vote/ask for.
The case for tarrifs is that it will increase American manufacturing, that the resulting higher prices will return domestic manufacturing to profitability. But what American manufacturer in their right mind will invest to expand when there’s a good chance the tarrifs will be temporary? I certainly won’t. We’ll have a different administration in 3.5 years. And a different administration could reverse the tarrifs just as quickly. This will leave the manufacturer even worse off than today. Only if the benefit is sustainable will I invest to expand.
Excellent article.
Elites don’t hate Trump’s tariffs because they work, they hate them because it’s Trump that is doing it. Anyone with any understanding of economics knows they will work but they will come with temporary price hikes