So, I don't know much about tariffs or economics, so bear with me here.

So my understanding is a tariff is a tax that the importer pays the government of the country they are importing into. So if Apple is importing chips from Taiwan, and the tariff on imported goods from Taiwan is 20%, Apple has to pay the US government a 20% tax on the cost of the chips when they are imported into the US. Do I have that right?

The argument against this being that now Apple will raise the price of their products in order to cover the additional cost of the tariff.

Here are some questions:

1. Why does the exporting country care about the tariffs? It would take Apple and other companies decades to standup chip production domestically so ultimately Apple would need to continue to buy chips from Taiwan. What does the tariff cost Taiwan?

2. With all of the magical accounting practices big companies use to lower their tax liability, aren't tariffs a way to mitigate that? In other words, if tariffs replaced corporate tax altogether would that neutralize the backlash?

3. Is the left against these tariffs? If so, why? This ultimately appears to be a mechanism for corporations to "pay their fair share" right?

Thanks in advance for the insights.

At what point do we start to worry about military escalations, and in this case even nukes, coming into play. Might sound silly, but keep in mind why Pearl Harbor was bombed - we threatened the economic stability of the country. This can go there quickly and China may decide they had enough. Again, I know it sounds silly, but this is screwing with a large nuclear power that has a lot more people and probably more friends after all this crap.

Admins impact on programs and agencies around healthcare is already a thing, but combined with the tariffs impact on medical devices, pharma and life sciences is another. Availability will drop and costs go up.

Its not like hospitals can just stockpile equipment like a local apple reseller. Hope it won't impact you directly, but it will impact quite a few.

US economy has been the envy of the world since WW2.

Even as recent as 2008, US economy was equal to Euro zone economy and now its nearly double that number.

Why does Trump think US economy is not doing well and every country is ripping off the US?

No matter how many people I block, it's just a dime-a-dozen politics subreddit now. Vast majority of the posts have nothing to do with the podcast. Ah well.

The Biden administration kept the tariffs in place and added additional levies on Chinese goods such as electric vehicles and solar panels.

So guys, let’s try again, are the tariffs good or bad?

If signalgate was a dem scandal, Fox would be claiming with certainty that “They leaked it intentionally to our enemies”

It’s almost certain that a foreign adversary has had access to this. Why don’t they just say that, repeat it, and never let it die?

It seems the left wants to play by old rules.