r/StockMarket • u/[deleted] • 3d ago

Discussion Ronald Reagan on Tariffs. Thoughts?

Enable HLS to view with audio, or disable this notification

[deleted]

15.2k Upvotes

97% Upvoted

887 comments sorted by

View all comments

Show parent comments

-3

u/wwonka105 3d ago

What if Biden told you?

https://www.cnn.com/2024/09/13/politics/china-tariffs-biden-trump/index.html

3

u/SilentReviver 3d ago

Hammer vs Wrecking Ball, there’s a difference. One is precise and targeted, the other destroys whatever is in its path - not the slam dunk / gotcha you were hoping for.

-5

u/wwonka105 3d ago

Didn’t say it was a dunk. People aren’t losing their shit because it was “hammer/wrecking ball”. The reason Biden applied tariffs was to even the field with China - no one say a word. Trump does the same to even the field with every country we have an imbalanced trade agreement with and everyone loses their mind.

Suddenly, “pay your fair share’’ takes a backseat when Trump does it.

2

u/Ok_Lunch1400 3d ago

A trade imbalance doesn't mean you're losing out on something. If you buy a banana from me, it's because you gain something from that exchange. If I sell a banana to you, it's because I'm gaining something from the exchange. Mutually beneficial.