Comment by ASinclair
7 days ago
If you believe in these tariffs then the major problem is how he enacted them. Businesses want certainty. It takes years to build factories. The next president could just wipe away these tariffs instantly. Hell, even the current one could. That does not give these companies the certainty they need to commit years of effort to building factories. If the goal is to spur domestic manufacturing then, at a minimum, he would get the tariffs enacted via a new law so they're more likely to stick for the long term.
This is the key point. Even if tariffs did everything Trump claims they will (they will not) no one is investing billions to build factories in America for tariffs that will not be there in a few years.
Turns out that governing based on the whims of the executive has downsides.
> not be there in a few years
Years? Lol, how much would you bet they are all exactly the same in a month? A week?
Which is why they want to abolish term limits.
There is still a functioning system of laws in this county. Devolving into a monarchy is not a necessary condition for stable trade policy (and the particular guy trying to install himself has not proven a force for stability in trade policies, even his own viz. USMCA).
Their point has nothing to do with term limits.
> Hell, even the current [president] could [eliminate these tariffs].
The point is that the goal of building onshore production isn't as likely to be reached with these tariffs due in part to the uncertainty surrounding the method of enacting the tariffs.
> Which is why they want to abolish term limits.
I wondering who "they" is. It can't be the WH. Yes they said they want to work around term limits, but if the reason they are offering is the stability they've shown us so far ...