23 Sep 2024 3:34 pm
The pain to the consumer had already been realized. Biden did not INCREASE tariffs because he knew that increasing tariffs on China would only serve to drive up costs on the American consumer. We were already in the midst of a global recession caused by COVID-19 and exacerbated by the Russian invasion of Ukraine. He would not do something that stupid when we needed to do everything possible to bring DOWN costs that the global recession had driven up. Trump will, of course, punish China and reward his robber baron industrialist buddies here at home while sticking it to the average consumer. It is counter-intuitive when the trendline shows a diminishing trade deficit, to enflame the situation with more punitive tariffs that punish the consumer more than China.Zeets2 » 23 Sep 2024, 2:59 pm » wrote: ↑ Of course, that's the continued result of the Trump tariffs that Biden chose to leave in place!
And it's great to hear you admit how well they worked!
How is it that you find that so impossible to comprehend, fool?
Do you think maybe China had no other alternative but to fund the building of facilities in other countries since they couldn't compete when Trump's tariffs wrecked their sales? You think that was their first choice, idiot?
If China WASN'T losing billions because of the Trump tariffs, WHY WOULD THEY NEED TO DO THAT?
You claim to have been a student of economics, yet you're easily the dumbest cretin here on the subject!
That's how warped and ignorant your hatred for Trump has made you!
And you ask why China builds manufacturing facilities in Mexico rather than in China? I'm just guessing that maybe it was for the same reason that Ford, GM , Audi, Hyundai, Kia, BMW, Toyota, Honda, Nissan, and Volkswagen did.
Tell me again, which matchbook cover "college" you got YOUR "economic" training? Trump U?
Trust me, you're the last person on here, with the exception of maybe @FJB , to be calling ANYONE a dumb cretin.
