https://x.com/POTUS/status/1790385220983677016
I just imposed a series of tariffs on goods made in China:
— President Biden (@POTUS) May 14, 2024
25% on steel and aluminum,
50% on semiconductors,
100% on EVs,
And 50% on solar panels.
China is determined to dominate these industries.
I'm determined to ensure America leads the world in them.
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!neolibs thoughts?
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Biden is a bipartisan President: he combines Elizabeth Warren with Donald Trump
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Tariffs bad
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Biden is.....not le good.
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I hate China, but tariffs decrease overall production and exchange of goods. Tariffs should only be used as a reaction to other tarrifs. The better thing to do is policies that will promote national industries, but that's hard to do and even harder to pass, so frick it I guess.
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now let's talk about the tariffs imposed on USAmerkin goods sold overseas
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Uh, I did.
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are you sure
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Yes, r-slur.
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huh.
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Sorry you are r-slurred? Would you like me to bold the terms that point this out like a high school text book?
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Did you forget what website this is? I'm sure themotte would love to read about it though
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