I haven't bothered yet looking at the twitter reaction to Trump's plan to put tariffs on Mexico that will rapidly rise to 25% unless Mexico stops illegal immigration.
But surely someone had already said it - isn't a bit perverse to seek to keep poor people in Mexico by helping ensure their country gets poorer via punitive trade tariffs?
not to mention it is against WTO rules.
ReplyDeleteThe man has NEVER been a conservative
People who don't understand economics think that the best way to heal a trade deficit is through tariffs. I blame economists for this ignorance. Try it on your average Australian fibbertarian economist. Try it on Sinclair for example. Ask Sinclair how to have a trade surplus without tariffs. He'll either be completely clueless or he'll filibuster on the ludicrous idea that neither manufacturing nor trade imbalances matter. Try it on any of these loony-toons. Humphreys. Berg. Kirchner. Sloan. Any of these clowns. They won't disappoint believe me.
ReplyDelete