Thursday, October 17, 2024

Why Economists Hate Trump's Tariff Plan and why they will hurt American consumers more then their alleged benefits

Very recommendable! To impose tariffs on foreign trade is certainly one of the more foolish policy ideas of Trump! There are probably better ways to deal with unfair trade practices or beggar thy neighbor policies pursued by the Communist party of China.
Trade wars can become very nasty tit for tats! More tariffs also counters the global trend towards more free trade since 1945, which greatly contributed to many thriving economies and huge gains in prosperity.

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