People are already boycotting American things on their own, it doesn’t make sense to punish them. If anything, that’s more likely to backfire and make that government look bad towards its people.
The only way tariffs work is if the revenue collected from them is used to do something for the country setting them. America isn’t doing that, America is being stupid. Trump is going to rinse America dry and all the tariff money American taxpayers paid will be gone (probably by the government investing in a classic and obvious crypto scam meme coin).
Other countries shouldn’t be stupid like America, they should only apply tariffs with a plan to re-invest the revenue back into their country. If they even need to apply tariffs at all; I’d argue not.
People are already boycotting American things on their own, it doesn’t make sense to punish them. If anything, that’s more likely to backfire and make that government look bad towards its people.
The only way tariffs work is if the revenue collected from them is used to do something for the country setting them. America isn’t doing that, America is being stupid. Trump is going to rinse America dry and all the tariff money American taxpayers paid will be gone (probably by the government investing in a classic and obvious crypto scam meme coin).
Other countries shouldn’t be stupid like America, they should only apply tariffs with a plan to re-invest the revenue back into their country. If they even need to apply tariffs at all; I’d argue not.