JBar2
@JBar2@lemmy.world
- Comment on Donald Trump Vows 200% Tariff on John Deere if It Moves Manufacturing to Mexico 1 month ago:
That liberal Mitch McConnell is anti-tariff:
- Comment on Donald Trump Vows 200% Tariff on John Deere if It Moves Manufacturing to Mexico 1 month ago:
Without getting too deep into the intracacies, as a liberal, my thoughts are:
-
I would certainly prefer the jobs stay in the US
-
I don’t know that Trump - assuming he were to win the election - can impose such tariffs based on USMCA. Like, I literally an bit an expert in that trade agreement, but there may be restrictions
-
Tariffs don’t generally work like Trump claims they do. The consumer ultimately pays them almost every time. In this case, I don’t know enough about tractor manufacturing, but there would have to be a viable alternative company manufacturing in the US for this proposed tariff to work as Trump seemingly intends.
-
Where tariffs can be really effective is in newer industries where there is limited competition and a tariff can directly level the playing field between a nascent US company and a foreign company where they have either a significant competitive lead or where that foreign company is getting incentovized by their government. Think the earlier days of solar panels or wind power, where the US could have helped prevent China from taking a huge lead in those industries and positioned US companies as the leaders. Tariffs work best when you have 2 major players and you can price one of them out early (in particular, before the manufacturing equipment and skilled labor have already left).
There’s a lot of variables at play. I just don’t see it being as simple as it’s portrayed
-
- Comment on Why wasn't former President Bush of the USA, charged with any crimes, when we marched into Afghanistan and Iraq by his orders, under pretenses? 1 year ago:
Trump is being charged by the US and state governments with violation of US and state laws
That’s a far different scenario than an international court attempting to charge and arrest a US president (current or former