It's inflation fornouschains foreign products, but also makes us products cheaper to the rest of the world which means it's an incentive for exports.
Might have had some interesting effects on the economy if we didn't simultaneously have tariffs making it so that 1) it's hard to buy the machinery to increase US industrial capacity, and 2) nobody wants to invest in the US economy because tariffs cause economic slowdowns.
Might have had some interesting effects on the economy if we didn't simultaneously have tariffs making it so that 1) it's hard to buy the machinery to increase US industrial capacity, and 2) nobody wants to invest in the US economy because tariffs cause economic slowdowns.