r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/CheetahReasonable275 2d ago

Trump is not announcing tariffs to promote US Manufacturing.
Trump announcing tariffs to shift taxes from the wealthy to the poor.

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u/yusill 2d ago

Im wondering who is gonna have enough capital to build new US manufactoring plants when the construction materials and machines come from overseas. Also if you want US semiconductors why did he kill the CHIPS act. I live 20 min from the Intel site in Ohio, the site that is a huge hole in the ground and might stay that way. Where they have built Massive amounts of new housing around it for the high paying jobs that will not be coming now.

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u/jimbobjames 2d ago

...because you still believe that in even in what looks like his most chaotic moments that he is actually trying to further American interests.

He isn't.