This is completely contradictory to what Trump claims the goals of the Tariffs are. He has claimed:
1. They're just a negotiating tactic to extract concessions
1a. Those concessions are to reduce reciprocal tariffs.
2. Its to shift manufacturing back towards America.
3. Its to generate revenue to replace the IRS.
These are irreconcilably different goals and only one of them can actually be the primary goal. If its negotiating tactic the tariffs are to be removed in response achieved goals: then Tariffs aren't going to accomplish #2 or #3.
If its to shift manufacturing back to America then the theory is that the tariffs drove this shift and thus we aren't importing anymore. Then it didn't accomplish #1 or #3 because its only useful as a negotiating tactic if its removed, and no one is capitulating for no benefit, and if were not importing anymore then its not #3. But that doesnt' matter because Tariffs won't drive manufacturing back to the US, all that will happen is US prices will go up.
If its #3 it didn't accomplish #2 or #1. Even then, if it instead of just burdening Americans with more inflation, at 100% tariff on all imports and absolutely no change in how we spend money (a aboslutely ridiculous assumption) then such a tariff would race ~$2.5T. The IRS revenuded $5T.1B last year.
$2.5T << $5.1T. You have turned your brain to the "Anything leader Trump says" setting despite the obvious lies.
I can't tell if this is a joke or just impressively sad.
No joke Jeff...nor sad...it will be trump reality...
This is a cult belief, you are in a cult.
This is completely contradictory to what Trump claims the goals of the Tariffs are. He has claimed:
1. They're just a negotiating tactic to extract concessions
1a. Those concessions are to reduce reciprocal tariffs.
2. Its to shift manufacturing back towards America.
3. Its to generate revenue to replace the IRS.
These are irreconcilably different goals and only one of them can actually be the primary goal. If its negotiating tactic the tariffs are to be removed in response achieved goals: then Tariffs aren't going to accomplish #2 or #3.
If its to shift manufacturing back to America then the theory is that the tariffs drove this shift and thus we aren't importing anymore. Then it didn't accomplish #1 or #3 because its only useful as a negotiating tactic if its removed, and no one is capitulating for no benefit, and if were not importing anymore then its not #3. But that doesnt' matter because Tariffs won't drive manufacturing back to the US, all that will happen is US prices will go up.
If its #3 it didn't accomplish #2 or #1. Even then, if it instead of just burdening Americans with more inflation, at 100% tariff on all imports and absolutely no change in how we spend money (a aboslutely ridiculous assumption) then such a tariff would race ~$2.5T. The IRS revenuded $5T.1B last year.
$2.5T << $5.1T. You have turned your brain to the "Anything leader Trump says" setting despite the obvious lies.