Comment on Do people really think setting up domestic manufacturing in the USA is easy?
jerkface@lemmy.ca 1 week agoTrump’s notional plan is to replace income/gains tax (on the wealthy) with tariffs. I have not heard of any meaningful uses being reserved for other nation’s retaliatory tariffs. Logically and morally they should be going to relieve the burden of the US tariffs, but I have never heard how that might intend be accomplished.
echodot@feddit.uk 1 week ago
The last time Trump did this in his first term his tariffs ended up causing businesses to move out of the United States.