Trump sees tariffs as 'magic elixir', threatens to impose on Mexico, Canada and China - MSNBC Reports

[Rhiannon12866]

Trump is vowing to impose new tariffs on Canada, Mexico and China. NBC News' Guad Venegas, CNBC senior Washington correspondent Eamon Javers, New York Times chief White House correspondent Peter Baker and former chief of staff to VP Pence Marc Short join Chris Jansing to discuss the impact of the tariffs on prices of goods. - Aired on 11/26/2024.

[C_U_L8R]

1. He's always been an idiot

with a knack for screwing up, despite every advantage.

[Rhiannon12866]

2. He changes his mind mid-sentence, but this insane policy is one he insists on sticking with.

[sop]

3. 'As Trump Vows Larger China Tariffs, How Did His Trade War Play Out the First Time Around?'

"The tariffs elicited a response from China...What China did was move its exports to other countries and move its imports from other countries as well. So it shifted the purchase of soybeans, for example, from the U.S. to Brazil...So that wasn’t a useful policy.'"

"After several tit-for-tat tariff increases...the trade war...actually increased the trade deficit. Cost increases also led to a decline in U.S. manufacturing jobs. Intellectual property theft continued. The costs imposed by tariffs were passed along to consumers of imported products...You have the high inflation. Where do you get it? In part, because of these tariffs."

https://www.pbs.org/wgbh/frontline/article/donald-trump-china-tariffs-trade-war-xi-jinping-video/

[Rhiannon12866]

4. Sounds to me like TFG is determined to bring down Biden's successful economy.