How is this so goddamn hard for people to understand.
The idea that a tariff is a tax cut takes literal years to come to fruition. The tariffs have to be so extreme that costs CANT be passed on, to then force production back home, & then they have to build the production capacity which takes years
The idea that a tariff is a tax cut takes literal years to come to fruition. The tariffs have to be so extreme that costs CANT be passed on, to then force production back home, & then they have to build the production capacity which takes years
Reposted from
Christopher Webb
“Tariffs 101” for dummies…
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