Did anyone mention how the 1930 tariffs sparked a wave of retaliatory tariffs by other nations, greatly reducing international trade, pushing a natural resources poor Japan to conclude that in order to survive it needed an empire, so it invaded other countries, committing such atrocities that even Nazi Germany was like “whoa dude, chill”, which lead to their participation in WWII, Pearl Harbor and the deployment of nuclear bombs? No?
That’s quite the oversimplification, and I approve.
Haha yeah, but I could do even better:
Tariffs bad because history
Let me help!
Monke hurt monke
There’s in general no way this can work long-term. When nations cooperate, they both benefit. If you’re the only nation not cooperating with everyone else, then everyone else will surpass you until you’re North Korea levels of yesteryear.
angrily looks at the “verified” badge
Wait. I just realized something. One of the significant reasons humans are such amazing creatures compared to the other species is our generational knowledge we can pass down. But we have a saturation point. We need consciousness information downloading. Not immortality. But a way to download Wikipedia to our brains. That’s the next step.
The whole plan was to move production back to the US. The thing though is, that you can’t make Americans sit and sew Jeans that sell sell for $15 or assemble electronics for $6/hr
Maybe you could 100 years ago, but there is s a reason why we trade across the world and its not because we are kind. It is because it makes companies more money.
This will be mostly messy for the US. The rest of the world now has tarrifs on the US. But US now has tarrifs on the whole world. Any other country can look into expanding in new markets now, but the US has shut all its doors