this post was submitted on 04 Nov 2024
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Could soar? Like, it's preventable? How? Oh, vote for Harris/Walz to not see tariffs used again.
Did you read the article? Biden made many of Trump's tarrifs permanent and Harris, while critical of Trump's tarrifs, hasn't put forth her own plan or disowned the Biden strategy.
Edit: Fucksake, Lemmy. It says this in the article. I said nothing positive or negative about either candidate or their positions on tarrifs. ๐
Tariffs can be good when applied in limited, researched and balanced ways. Trump's "plan" is to just apply a 60% blanket tariff, which is what's really really bad.
In addition to the education you got below, Trump wants to apply a 20% tarrif across the board.
Not even remotely the same as keeping existing ones.
Don't "both sides" this issue.
You can't just undo tariffs by cancelling them.
So you tariff steel from china (or whatever), and they will tariff some of your exports (or other). Bad for everyone probably. But now it's done.
Removing the tariffs will only make things worse if china (in this example) isn't OK with rolling back what they did.
Absence of evidence is not evidence of absence.
Plus, presidents regularly create carve-out exceptions to tariffs, anyway. This is likely overblown fearmongering.