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JonSCKs
Posted 10/14/2025 09:04 (#11399852 - in reply to #11399578)
Subject: Tariffs didn’t work in the 1930’s.. they’re not going to work now.


”kinda lost me right there..”

We’ve tried this failing policy before.. No question.. that costs are higher.. markets are languishing just look around..

https://thehill.com/opinion/white-house/5549528-tariffs-hurt-us-economy/

At 17.4 percent, the Trump tariff rate is at its highest since 1935. Tariffs are the principal reason inflation is higher now than it was when Trump began his second term in January. This year, tariffs will, on average, cost each household about $2,300. Price increases include a 10 percent levy on wood and lumber and 25 percent on kitchen cabinets, upholstered furniture and bathroom vanities, set to go into effect on Oct. 14. The added costs are likely to slow the construction of affordable residential housing, which is already out of reach for many buyers and renters. 

The tariffs have upended supply chains. Apple has moved iPhone assembly plants from China to India. Stellantis N.V. paused production in North America because of price hikes in automotive components. To evade tariffs, China has moved some manufacturing and assembly operations to other countries. 

Applied to friends as well as foes, at times without a discernible justification or, as with Brazil, out of personal or partisan animus, the tariffs have antagonized Canadians, Mexicans, Japanese, Australians and members of the European Union. China is courting leaders around the world who have been stung by the Trump tariffs.

It’s not rocket science why its NOT WORKING.. we’ve seen this rodeo before. Why would we expect a different outcome this time?

Were pissing off customers.. and deporting workers who also are consumers.. but we wonder why crop prices are falling?

golly.. go figure… 



Edited by JonSCKs 10/14/2025 09:11
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