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What is the logic for not liking Tariffs ? Do you know how much Tarrifs India has on US goods ? It is not a matter of taxing US citizens or Foreingn companies .. It is a matter of creating a better global trade system .. like a better global village .. you got to use both - carrot and the stick ...
Replies (2)
The tariffs are also a way to force countries to buy American debt via treasury bonds. No thanks.
You chose to hollow out your own industrial companies become a consumer and now bleating about the debt. The debt is 151 trillion. Not 37 trillion.
You cannot have it both ways. The Griffen report highlighted this dilemma.
Selling USD and being the global currency can work in the short term. But US adopted this as a long term policy. Something breaks. And now here we are. On a train hurtling towards Recksville.
Totally agree .. why does India has 150 percent Tarrifs on US Auto and Whiskey ? They are not a third world nation by any stretch of imagination given their economy is third largest ...
