The important message is that NOTHING good comes from these tariffs in the near term. If our trade policies incentivized companies to manufacture in the US, that could be a long-term benefit, but that will take years in many cases. Moreover, there are ways to achieve that same result without dumping all this pain on American workers. For example, a trade policy could phase in tariffs, industry by industry, over a reasonable number of years that allow for production to be started in the US.
It actually kills us who are ALREADY manufacturing in the USA but now have the added burden of onerous tariffs.
What's wrong with the Chapter Tariffs already in place? Nothing. But that's not sexy to the magapub extremist voters.
As well - the 301 (China Tariffs) were implemented in a phased approach. You know what his 'China' program does now? Slaps ANOTHER 10% on parts and components that cannot be resourced in the USA.
This 'rant' isn't directed towards you. I'm an LCB and Trade Compliance Officer at a US Manufacturer. The reality is that most Americans really do not understand CFR 19 or 15 - so here we are.
In pain.
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