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S Illinois | It depends on the tit for tat nature. The randomness of them and weaponization to get other concessions would be concerning as it makes doing business and planning difficult. Just setting them at a rate and leaving them would bring a whole lot less headache. Foreign leadership would feign outrage but life would go on. It’s why many of the counties that have “signed” a trade agreement didn’t mind the increase of US tariff rates from near zero to 15% or whatever the different higher rates agreed to were.
The US doesn’t run a trade deficit because foreign tariffs prevent our goods and services. We are a consumeristic society when compared to foreign counties. | |
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