And after prices have stabilized at the new levels do you imagine the corporations will reduce prices if tariffs are reduced or eliminated? For reference see current fuel prices vs historic barrel of oil prices.Our continual need for WANTS is what causes most of the greed......We will see how the tariffs turn out when modern society if forced to only attend to their NEEDS and their WANTS put on the back burner!
Trust me, China and Europe are coming to the table! They are highly motivated to BUDGE. If you know how to play the game money will still be saved/earned.![]()
If you believe what you wrote you really need to study the economic history of tariffs and trade wars because reality is quite different.
Any continued broad based tariffs will have our economy looking like Brazil's. High inflation, high prices and limited diversity of products.
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