Comment by turtlesdown11

4 hours ago

I'd encourage you to educate yourself.

Analysis of previous tariffs have found they cost a ton, drive prices up, and increase corporate profits.

The 2018 Trump washing machine tariff raised prices not just for washers but also dryers (12%), and cost $820,000 per job onshored.

A 2012 chinese tire tariff cost $900,000 per job onshored.

It's terrible business.

https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20190611

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