Loading ...If the Cap’n’s commies were in charge of the system, tinkering with it only lets them run circles around you. Tariffs are breaking the system externally to the US so they have very little influence. PPT, interest rates, labor laws, SEC rules etc can’t be used to fight back. But as someone mentioned earlier (Cap’n?) you’ve got to do it early to give yourself chance to rebuild before the mid-terms.
So, was the sledgehammer too heavy? Is there actually a more refined plan rather than the extremely crude imposts made on Wednesday? And why is Norfolk Is slammed with 29% tariffs when it’s never exported anything to the US (or anywhere else for that matter) and has no import tariffs at all? Mainly because it has nothing to export; it’s dependent on Govt. handouts and tourism (for the newly weds and nearly deads) for its existence. It doesn’t even have a VAT. Oh, and its strategic location …. – the whole tariff structure stinks of a random number generator.