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re: Trump's section 301 tariffs were successful. The data proves it.
Posted on 3/11/24 at 9:26 am to TigerAxeOK
Posted on 3/11/24 at 9:26 am to TigerAxeOK
quote:
Still, it's correct. Even today I see a lot of our resident "Never-Trump" crowd downplaying the effectiveness of the Trump tariffs, but the actual data has been undeniable all along. They worked, and brought manufacturing jobs back to America from overseas.
No meaningful revival in manufacturing jobs occurred during his presidency. And the cost of his tariffs was borne almost entirely by American businesses and consumers.
These tariffs were a cheap act of political theater and a complete economic failure.
But they did help China, so maybe that was his plan all along??
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