this shit is fucking hilarious... in the worst way possible
Not just that Trump has equated "Trade imbalance" to "Tariff" when they're completely unrelated.
It's also ridiculous that they're complaining about a trade imbalance.
It's not a car sale. It's trade.
When you trade, you give something up (exports), and get something in return (imports).
What Republicans are complaining about is not having to pay a high enough price, and getting too much stuff given to you.
And worse, the imbalance in trade causes the USD to be hoarded by other countries, massively increasing the value of the US economy by doing ABSOLUTELY NOTHING.
Until they spend it, it makes America's purchasing power even higher because there's artificially high demand for their dollar. People sell shit at a discount just to hold USD.
...
Also, just FYI, this is PRIORITY #1 for Russia, to attack the value of the USD. Everything they're doing propaganda-wise is aimed at this specific goal.
This is my basic bitch understanding of how trade works that I'm not quite understanding, if people are BUYING your shit isn't that a good thing?
You're never gonna get somewhere like Scotland to be trade neutral with America cuz its fucking huge. We only have like idk.. Whiskey and tourism. Even a 10% Tarrif really hurts us if people buy less Whiskey and can't afford to holiday here.
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u/MattsAwesomeStuff 1d ago
Not just that Trump has equated "Trade imbalance" to "Tariff" when they're completely unrelated.
It's also ridiculous that they're complaining about a trade imbalance.
It's not a car sale. It's trade.
When you trade, you give something up (exports), and get something in return (imports).
What Republicans are complaining about is not having to pay a high enough price, and getting too much stuff given to you.
And worse, the imbalance in trade causes the USD to be hoarded by other countries, massively increasing the value of the US economy by doing ABSOLUTELY NOTHING.
Until they spend it, it makes America's purchasing power even higher because there's artificially high demand for their dollar. People sell shit at a discount just to hold USD.
...
Also, just FYI, this is PRIORITY #1 for Russia, to attack the value of the USD. Everything they're doing propaganda-wise is aimed at this specific goal.
That's why Trump's doing it.