- Joined
- Aug 31, 2020
And what happened during Biden's term? Nothing else except the Russia Ukraine war which revealed how much graft goes into the US military-industrial complex. No one said, "Let's build more ammo factories to build more Javelins and HIMARS to compensate. It was "eh, we'll let them have 90s Abrams and a few F-16s."You can squeeze more by simply increasing tariff rates until the costs of overseas operations becomes prohibitive. For what it's worth, the Biden Admin not only kept the Trump tariffs from his first term, but expanded them. Anyone looking to wait out that storm will have sacrificed at least 12 years by the time Trump leaves power in 2029. I'd dare say there's a decent chance these tariffs survive as an extra tax alone.
So yeah, the tariffs would stay because the government loves more money from rent-seeking, but will it have the intended effect? I have my doubts.