Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

And for things that can not be manufactured or grown here... we just suck it up and pay the extra 10-20-30% anyway?

If the 'intent' was to spur manufacturing, you'd enact laws with long term financial stability planned in. Few are going to commit to spending millions equipping factories when the 'tariff moat' that might make those factories sustainable will go away if Trump sees a movie in six weeks that says tariffs are bad.

The 'intent' seems to be to create financial instability and chaos, to allow Trump to position himself as the financial savior, and we are concentrating huge amounts of economic power in the hands of a single person.



Especially when the legal basis these tarriffs are based on is a sham of

They are temporary emergency powers with a limited timeframe. The emergency is fake, Congress has declared the calendar is suspended for purposes of the clock running on these temporary "emergency" powers.

The tariff could disappear any day if Congress grows even the flimsiest spine.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: