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Comment by kshri24

4 days ago

Please study why tariffs exist in the first place. It is not to punish a country. It is used as protection from a stronger adversary, especially by developing countries, for balancing trade disparities. Not everything can be lop-sided in favor of US.

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kshri24

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carlosjobim  3 days ago

In the first Trump presidency, it was the same outrage about tariffs, and he wasn't talking (as far as I remember) about punishment and such.

  • kshri24  3 days ago

    > same outrage about tariffs

    Because US is a developed country. US should not be imposing tariffs and taxing its own citizens for zero gains.

    > about punishment and such

    Tariffs is like taking a battle-axe and hacking your own foot. So it is definitely a punishment for US Citizens. Who do you think was paying the exorbitant 40-50% import duties? It is not the exporting country. It is the US Citizen/Company, that was importing the product/raw material, which had to pay those duties. It is a massive tax on US Citizens apart from the tax they are already paying.