for very specific products...just as Biden is doing with China and its EV batteries. Reagan always touted the GOP mantra of "Free Trade"...Trump is 180 deg. away from that business ethos.
To implement a blanket tariff would incite a global trade war where no one wins...and certainly not the American consumer.
As several CEOs said after a gathering with Trump a few months ago...'He has no idea what he's talking about'
Link: https://www.piie.com/blogs/realtime-economics/2024/trumps-proposed-blanket-tariffs-would-risk-global-trade-war
Reagan never proposed a Blanket Tariff on all goods from overseas suppliers...he targeted Japan,
Replies to: "Reagan never proposed a Blanket Tariff on all goods from overseas suppliers...he targeted Japan,"
- Parlaying off Frank's post regarding Trump and is economic policy. Crazy voters think this man know - Quest4twelve - 7:38pm 10/14/24
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- Son, you're too young to know that piece of history - how Reagan won trade war against Japan. - Eli - 9:58pm 10/14/24
- Reagan never proposed a Blanket Tariff on all goods from overseas suppliers...he targeted Japan, [LINK]
- TyroneIrish - 3:01am 10/15/24
- Please read Quest's post, especially the bold font part to understand his thread subject. - Eli - 11:04am 10/15/24
- Well said. Dems did worse though- they gave taxpayer $ to China to open their own plant here in MI! [NT] [LINK] - BaronVonZemo - 10:41pm 10/14/24
- Reagan never proposed a Blanket Tariff on all goods from overseas suppliers...he targeted Japan, [LINK]
- TyroneIrish - 3:01am 10/15/24
- It’s not rocket science. He has proposed one of the most destructive economic policies imaginable. - Frank L - 7:57pm 10/14/24
- Good question. Only thing i can think of is... - Quest4twelve - 9:31pm 10/14/24
- We know Trumps economic successes and Biden/Harris’ economic failures.Kamela said on The View that - BaronVonZemo - 7:43pm 10/14/24
- . [NT] - Hensou - 7:56pm 10/14/24
- Amnesia is a hellavu sickness. Trump has been POTUS b4, how did that "trade war" workout last time? - Quest4twelve - 7:51pm 10/14/24
- Son, you're too young to know that piece of history - how Reagan won trade war against Japan. - Eli - 9:58pm 10/14/24