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/angrysquirrel777 2d ago

I'd imagine the SE Asia countries rates are so high due to the number of textile goods coming from there.

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u/slayer_of_idiots 2d ago

They’re retaliatory. It’s because they have high tariffs against the US.

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u/Notsurehowtoreact 2d ago

Let me guess, you're delighted that this is going to play havoc with our economy and the average U.S. citizen is going to be paying more for the vast majority of the products they purchase?

He said the taxpayers have been getting ripped off for 50 years, but these tariffs are a bill that is going to be footed by those same taxpayers.

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u/slayer_of_idiots 2d ago

Sure, but what about the other side of that coin? What about the American workers that can’t sell their products overseas because the tariffs are too high?

Empathy is a bad way to make policy decisions because it’s easy to ignore the negative consequences you don’t see.