Tariffs are at the center of former President Donald Trump’s economic plan. He wants to put across-the-board 60% tariffs on everything from China and 10%-20% on everything else from the rest of the world. It’s an extreme trade policy that he wants to use to generate revenue to cut taxes. But how would they work?
Lol, Republicans tried this before under bush, right about the time his brother was running for reelection in florida. Bush whacked huge tariffs on a number of things coming into the US from the EU
The EU “florida hey? Nice oranges you guys have out there. Wouldn’t it be a shame if someone was to, oh I dunno, put astronomical tarrifs on those delicious oranges, right in the run up to the florida governor election?”
It cut to the heart of the cronyism in the US political system. Not that anyone else has less or more. We all have it to one extent or another. Its just, imagine if it was your country’s exact flavour of it laid bare and made public like that.
The Republicans were very embarrassed have hated the EU ever since.
Who knows, maybe this time it’ll work.