I am not part of Trump's fan base, and I am in favor of taking action to reverse decades of negative trends I've seen happening as a result of American corporations selling their souls to the highest outside bidders. It's going to be short term pain for long term gain.
Tariffs are not a magic button for "short term pain, long term gain". The way they're being implemented is more like "short term pain, long term pain".
You genuinely think the corporations will stop "selling their souls to the highest outside bidder" with tariffs? Like, how exactly could such a thing happen?
Besides, corporations are actually better equipped to deal with sudden expenses then small businesses. Corporations will suffer the lest and possibly will pay for exceptions for themselves in white house. Smaller businesses wont be able to do the same.
I keep hearing people say short term gain, but no one wants to put a time on short term, nor do they want to do the math on how long it would take for their their plans to come to actual fruition using tariffs. There is nothing short term about setting up steel mills, rare earth extraction, chip factories, growing coffee...
This isn't short-term pain for long-term gain; it's short-term pain for long-term catastrophe.
The tariffs aren't some carefully-devised scheme to work out how to reshore manufacturing to the US; they're a slapdash scheme based on such idiotic economics that people had to do a double-take because the President of the United States and his cabinet couldn't possibly be that stupid. And once that sinks in, it becomes extremely counterproductive to the ostensible aims.
Why should anyone bother reshoring anything to the US? You might escape 30% tariffs on your product, but only for 30% tariffs on the inputs to your product. And living in the US means your long-term plans are always at risk of the toddler-in-chief throwing another tantrum because, as we've already seen, a deal he makes yesterday can become the worst deal in the world that is proof of how much the US is getting cheated tomorrow.
Negative trends of what? Exchanging highly paid services for cheap goods?
EU needs to start taxing heavily any services provided here by the USA. Having the USA moron in Chief pretending that the comercial balance is solely made of physical goods to create an Excel sheet warrants a nice lesson.
>EU needs to start taxing heavily any services provided here by the USA.
Their services are provided by companies/branches in the EU not the US.
When you buy a EC2/S3 bucket from AWS you get invoiced by Amazon Luxembourg, not Amazon Washington. When you buy a Microsoft, Google, PayPal, Meta or Apple service, you'll be buying from a company registered in Ireland or Netherlands. And most of them also have datacenters in the EU for their EU customers.
So how do you tax them more than other companies in the EU? Make The Great EUSSR Firewall?
What you see here is entirely about "corporations selling their souls to the highest outside bidders", who do you even think benefits from all this if not the oligarchs?
