Trump tweet on Reciprocal Tariffs

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On Trade, I have decided, for purposes of Fairness, that I will charge a RECIPROCAL Tariff meaning, whatever Countries charge the United States of America, we will charge them - No more, no less!

For purposes of this United States Policy, we will consider Countries that use the VAT System, which is far more punitive than a Tariff, to be similar to that of a Tariff. Sending merchandise, product, or anything by any other name through another Country, for purposes of unfairly harming America, will not be accepted.

In addition, we will make provision for subsidies provided by Countries in order to take Economic advantage of the United States. Likewise, provisions will be made for Nonmonetary Tariffs and Trade Barriers that some Countries charge in order to keep our product out of their domain or, if they do not even let U.S. businesses operate.

We are able to accurately determine the cost of these Nonmonetary Trade Barriers. It is fair to all, no other Country can complain and, in some cases, if a Country feels that the United States would be getting too high a Tariff, all they have to do is reduce or terminate their Tariff against us.

There are no Tariffs if you manufacture or build your product in the United States. For many years, the U.S. has been treated unfairly by other Countries, both friend and foe. This System will immediately bring Fairness and Prosperity back into the previously complex and unfair System of Trade.

America has helped many Countries throughout the years, at great financial cost. It is now time that these Countries remember this, and treat us fairly – A LEVEL PLAYING FIELD FOR AMERICAN WORKERS.

I have instructed my Secretary of State, Secretary of Commerce, Secretary of the Treasury, and United States Trade Representative (USTR) to do all work necessary to deliver RECIPROCITY to our System of Trade!

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That's my mf'ng President

Inb4roger

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So a massive tax hike without saying that’s what it is nice

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If you are concerned your life will be unaffordable due to reciprocal tariffs, then you should evaluate your employment opportunities or your spending habits.

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Inb4roger

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If you are concerned your life will be unaffordable due to reciprocal tariffs, then you should evaluate your employment opportunities or your spending habits.

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muh temu ear buds

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I don’t get the argument against reciprocity. It makes no sense. It’s unfair for other counties to increase the cost of American goods to foreign consumers.

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Democrats like TDSFP are so dedicated to their party that they are willing to pay unfair Tariffs that benefit other countries over the United States, even when detrimental to themselves.

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muh temu ear buds

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Sounds like Jack Ryan in Executive Orders (book released in 1996)

been awhile since i read that book, but i remember him implementing reciprocal tariffs.....

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So a massive tax hike without saying that’s what it is nice

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What a ride you are in for the next few years.

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They have this notion that it will not lower trade barriers and thus lower prices. They think there will be a trade war and prices will sky rocket. IMO the global market dynamic right now is America is the controlling market place. People want to sell here. So if they want to sell they are going to have to price appropriately and that usually mean cheaper.

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Not only that - other countries governments have taxed their own businesses too much and used that money for dumb green or other programs. Once they lower their own tariffs their governments will have to reduce gov spending and cut some if the BS programs funded by those high tariffs where US consumers were basically paying for them.

In that regard its a win win. As foreign governments have to make up for their tariff windfalls they will have to reduce regulatory costs to their own businesses so they can compete. It will make them thriftier and that will reduce costs/prices.