People are up in arms because his introduction of blanket tarries is bullshit. Him placing tariffs on islands inhabited by penguins and countries that the US have surpluses with, indicate he clearly doesn’t understand how trade defecits work. In the case of Lesotho they have a trade deficit with the US simply because they have materials that the US want and the US has a-lot of shit that they can’t afford.
As for bringing back manufacturing back, opening factories take years and where prey tell are the skilled labour coming from? Florida is currently rolling back employment safeguards for children because getting rid of immigrants has meant there aren’t enough adults left willing to pick produce. Yes there will be CEO’s willing to kiss the ring by making the right noises to placate Trump but given that it can take five years and over to setup a factory, most will wait it out until he leaves office or when he changes his mind (which given his irractic tendencies could be in the next five minutes).
Trump doesn’t give two shits about the plight of Americans, the man is a grifter at heart. The whole tariffs debacle is just another cynical way for him to exercise power. CEO’s and political leaders will stroke his ego enough to get what they want in the short term, knowing that things will go back to normal when he goes.
Targeted tariffs can be a useful instrument but the way Trump has used them just means that the average American will pay a lot more for everything.
The sycophants within the Republican Party who are “backing” tariffs were bashing their use only a few months ago, the before and after clips of them flip flopping is embarrassing.
The way Trump has implemented tariffs will lead to some very hard times because in addition to tariffs, federal employees are being fired left right and centre and organisations that protect the interests of Americans are being dismantled.
Trumps behaviour is straight out of the dictator’s playbook. Targeting university funding and deporting or sanctioning people who don’t agree with his agenda, defying judges rulings and calling for their impeachment, dismantling institutions that protect people’s rights are just a few of the actions of someone who wants absolute power.
Tariffs are a blunt instrument at best but in the hands of someone who isn’t very clever and has narcissistic tendencies, are very dangerous. I’d be interested to see how much damage his irrational and narcissistic tendencies will cause before the institutions I acted to protect people, really step up.