Here's a fact.
People have been complaining about "jobs going overseas". for many years.
The reason jobs "went overseas" is because manufacturing was cheaper overseas.
The reason manufacturing is cheaper overseas is because labor is cheaper...
He certainly has.
Remember, all during his election campaign he kept telling us how he considers "tariff" to be the most beautiful word in the dictionary. So it's no surprise that he's now applying tariffs against every other country...
Used properly, tariffs are not intended to harm your own citizens. The intent is to discourage your citizens from buying foreign products, and instead encourage them to purchase homegrown products to support your own industries.
The question...
That's what the Trump strategy is relying on. The "billions, and billions, and billions" to Make America Great Again will be coming out of your pocket.
If there's no domestic production to replace those imported foreign goods (drones, bananas...
Exactly! Thanks for posting that link. That page explains precisely how tariffs are applied. A tariff is a surcharge tax paid by whoever is importing the goods.
It works exactly the same way for you the other way around. If you, an American...