So Trump just slashed tariffs on things like coffee and bananas. Is this just a political stunt? Seems like it could hurt the economy big time if he keeps at it with these grocery staples.
Are Trump's Tariff Cuts More Political Posturing?
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alpha_minerFull Member
Posts: 22 · Reputation: 752
#2Jul 11, 2017, 11:12 PM
Totally agree. It looks like he's trying to control global trade, making other leaders come to the US to negotiate. It’s all about the dollar and de-dollarization happening, right? Wonder how this’ll play out for him after his term with all those legal issues looming.
I think he’s just trying to make life better for Americans. Cutting agricultural tariffs while boosting manufacturing imports is his way of pushing people to buy American. But honestly, it’s not as simple as that. It’s all temporary and won’t last.
Yeah, it’s probably a combo of both. His tariffs jacked up prices everywhere, especially for groceries. Cutting them down helps relieve some pressure, but let’s be real, no one wants to be blamed for high food prices.
This tariff mess was so poorly thought out. He’s reconsidering now because the Republicans got crushed in the midterms. I bet they’re all over him to change his strategy because it's gonna bite them in future elections.
ryan.falconSenior Member
Posts: 3 · Reputation: 1542
#6Jul 13, 2017, 08:56 AM
We will never really know what Trump aims for. He seems to thrive on making headlines, shifting policies on a whim. One day it’s tariffs up, the next day they’re down. It’s all about the optics and criticism he faces.
satoshi_apeNewbie
Posts: 75 · Reputation: 20
#7Jul 13, 2017, 09:38 AM
Discussing Trump’s tariffs politically is tricky. Sure, he’s delivering on some promises, but economists warn of serious global economic impacts. Tariffs lead to higher prices, inflation, job loss, and mess up supply chains. Positive politics with negative economic fallout.
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