this post was submitted on 12 Oct 2024
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it also creates response tariffs. There's a number of industries in the US that export products and are subsidized who are prime targets for foreign retaliatory tariffs: Farmers, auto workers, forestry, mining, etc. Not to mention limitations on raw material sales these industries buy
I just don't think Trump is clever enough to win on any international playing field. Look at how Russia and Israel play him like a fiddle. China can easily do the same with response tariffs, and they already retaliated bad enough on farmers that they needed emergency subsidies.