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re: Tariffs are bad

Posted on 4/17/24 at 12:38 pm to
Posted by wheelr
Member since Jul 2012
5149 posts
Posted on 4/17/24 at 12:38 pm to
I don't know enough about tariffs and how they affect large complicated economies to debate them.

But I do recognize double standards when I see them.
Posted by frogtown
Member since Aug 2017
5055 posts
Posted on 4/17/24 at 12:41 pm to
quote:

But I do recognize double standards when I see them.


Biden loves tariffs. Trump loves tariffs.

Where is the double standard?
Posted by GumboPot
Member since Mar 2009
118977 posts
Posted on 4/17/24 at 12:49 pm to
Seriously, the appropriate level of tariffs can be put on imports that impact national security.

For example, tariffs on Chinese steel and aluminum is a good idea. The debate should be over the level of tariff. In times of war we don't want to depend on China for steel to build our ships and aluminum to build our air force.

I would consider tariffs on pharmaceuticals too. China has us by the balls when in comes to pharmaceuticals. And pharma is extremely automated. It's not like you would be saving that many U.S. jobs. The goal here would be to enhance national security on the medical front.

Another industry that needs some from of protection is semi conductors. As it stands now we have to defend Taiwan because they control the majority of semiconductor production. So we either pay on the defense side or the tariff side. Regardless, we pay.
This post was edited on 4/17/24 at 12:59 pm
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