Yesterday I heard the best ever explanation of how tariffs work. You have a credit card and you buy loads of stuff because you are pretty well off. YOU then have a trade deficit. Trump's solution is to punish the companies you bought all your goods from. It's their fault. Nothing to do with you being a greedy spendthrift whose budget is out of control. Just whine about it and blame somebody else. "It's disgusting what they're doing to us".
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That was easy but it helped that all the face cards were at the end.
Okay, find me another one.
Yesterday I heard the best ever explanation of how tariffs work. You have a credit card and you buy loads of stuff because you are pretty well off. YOU then have a trade deficit. Trump's solution is to punish the companies you bought all your goods from. It's their fault. Nothing to do with you being a greedy spendthrift whose budget is out of control. Just whine about it and blame somebody else. "It's disgusting what they're doing to us".