He isn't saying the tariffs are anything to do with business. He says it's because Mexico and Canada aren't stopping drugs in some some of nebulous way that he wants them to. I suppose he could be playing big-brained 4d chess, but I don't think this is a smart move either way
I'm a Trump supporter, and most of his other moves have been great. But this fast jump to 25% tariffs is fucking retarded. If this were about business, drop the corporate tax to 1% and see the companies flood back. You catch more flies with honey than shit.
First point I want to make is that you really shouldn’t, even if you voted for someone, take their words at face value. Politics is a lot of cloak and dagger, it requires optics and all that bullshit.
The drugs are a bonus, not the main issue he’s tackling. There are other ways to approach drugs that doesn’t require intervention from foreigners.
Corporate tax? Dog they have been finding ways to not pay taxes all across the board for as long as they’ve existed. 1% of 10 billion is still too much for these greedy fuckers to let go of. Even if they were to appreciate the kindness, that still doesn’t seem like incentive enough to actually see them subjugate themselves to our laws by moving manufacturing and by extension, exporting through us.
These companies are not good natured, they are the equivalent of mercenaries in commerce; if it were me I’d have most executives hung at high noon but I’ll take the tariffs.
My concern is this rashness turns four years of potential action into two. Trump is in a unique position because his second term led to the Republicans gaining more power and control of Congress, making him stronger instead of a lame duck. Instead of having nothing he can do, he's got nothing to lose.
However, if the Republicans lose control of the House or Senate due to economic hardship or severe inflation in 2026, it's game over. They'll also likely obstruct any appointments to the judicial branch up to the SCOTUS.
Congress also needs to get its shit together and start pushing actual legislation to lock in populist, meritocratic policies by law. Every single outstanding EO in the history of the United States could be repealed by the next President, they are not a sound foundation for real reform.
That’s something I am a bit worried about.
I’m optimistic that manufacturers will already be mobilized by the vacuum that will appear sooner than later; brand loyalty is a thing and this is a good opportunity to price out older, imported products at lower prices. If he is as serious as I think he is about phracking I think we could see gas prices drop within a year.
I’m skeptical of Congress, they seem pretty content acting like a member of the “uniparty” which we are told time and time again doesn’t exist. I think we have better chances with the economics route to win voters over.