I really don’t know enough about this to be sure, but I would assume the US mainly imports goods that they cannot produce on their own, right? So a reduction in demand wouldn’t occur and it really doesn’t make a lot of sense in this scenario. But again, I’m not an expert. Would love to see a statistic how much of the goods being imported by the us could realistically be replaced by their own production.
That being said, the orange turd continuously makes it seem like a 20% tariff on a country means that that country pays 20%, which is just false and dumb.
That’s the issue.
Trump wants those goods to be produced in the US to regain the skills. The Americans have noticed that manufacturing weapons is not enough. They have to manufacture regular products, too, to improve the skills that are needed for advanced weapons. With tariffs, American products become competitive again.
Maybe tariffs with Europe are not high enough and Greenland is just an excuse to rise them higher despite the existing trade agreement.
I really don’t know enough about this to be sure, but I would assume the US mainly imports goods that they cannot produce on their own, right? So a reduction in demand wouldn’t occur and it really doesn’t make a lot of sense in this scenario. But again, I’m not an expert. Would love to see a statistic how much of the goods being imported by the us could realistically be replaced by their own production.
That being said, the orange turd continuously makes it seem like a 20% tariff on a country means that that country pays 20%, which is just false and dumb.
That’s the issue. Trump wants those goods to be produced in the US to regain the skills. The Americans have noticed that manufacturing weapons is not enough. They have to manufacture regular products, too, to improve the skills that are needed for advanced weapons. With tariffs, American products become competitive again.
Maybe tariffs with Europe are not high enough and Greenland is just an excuse to rise them higher despite the existing trade agreement.