Here’s a real life example from tariffs. My company was manufacturing products and shipping them into Brazil with a tariff of 30%. It got to the point where we were no longer price competitive and therefore profitable in that market so what did we do? We did not want to lose the opportunity in Brazil, so we built an entire manufacturing plant in Brazil. True story.

So what does that mean for Brazil? It means jobs and a benefit to their economy. That’s what Trump is trying to say. If there are tariffs high enough that products are over priced, US businesses can come in and fill the gap. Does that happen every single time? Of course not, but the point is saying tariffs are terrible now that Trump is proposing them instead of Biden, is  evidence of hyper partisanship, not amazing economic insight and understanding.

Eegore wrote on 10/24/24 at 09:26:16:


A-Yep, 201.5 & 313.5 PERCENT, is More than 100 percent.

Yet, you IMPLIED, that tariffs could not be over 100%.
Then conveniently, explained, it was only about cars.
Great !!!