General Discussion
In reply to the discussion: Majority of Voters Like Trump's Plan for Tariffs [View all]Wiz Imp
(8,791 posts)I don't argue against that. And while Biden generally kept them, he had some reasons for it that made it not quite as simple as steel tariffs are always bad. Note: I'm not defending Biden's decision to keep or expand some of Trump's tariffs. You explain well why tariffs on steel generally aren't productive. Good point. However, a lot of factors go into whether a tariff on a particular product make sense including other countries' tariffs on US products. Point being that when evaluating the advisability of a tariff on a particular product a lot of things need to be considered and as a result, sometimes a tariff can make economic sense. Now maybe tariffs on steel really are always bad but I wouldn't make that blanket statement without considering all the factors in the specific time that it is being proposed or considered.