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54 sats \ 2 replies \ @grayruby 6 Jan \ on: Why Smart People Are Rightly Confused About Tariffs econ
There are tariffs and then there is the threat of tariffs.
Remains to be seen if significant tariffs are actually applied or if Trump is using it as a stick to get what he wants.
True. I'll be surprised if he doesn't crank up some tariff rates, though. He did last time.
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The problem is that he may be cranking them up as high as he says he might. That would put a crimp in any sort of trading. Who was it who said, “If you don’t have trade going over borders, you will soon have soldiers going over borders,” or something like that.
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