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Biden Administration Ratchets Up Tariffs on Chinese Goods
(web.archive.org)
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this post was submitted on 14 Sep 2024
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The appearance of being tough on China, and possibly short term profits. If Chinese goods become prohibitively expensive, then consumers will have no choice but to turn to American (or perhaps other countries’) goods which will benefit those companies. These profits, positive reception from muh mom and pop shops and big domestic brands like Ford and co., and the optics might prove meaningful for the bird brained democratic voter.
But so many of these companies rely on Chinese supplies. The US sucks the cocks of ‘farmers’ so hard that they might as well build a milking facility. If they’re unable to source elsewhere at comparable prices, they will force the government to walk back on these policies. So far they have been able to survive’s Trump’s tariffs, but Biden is being even more brazen.