We Now Have:
1. US placing 25% tariffs on Canada
2. US placing 25% tariffs on Mexico
3. US placing 10% tariffs on China
4. Canada placing 25% tariffs on US
5. Mexico preparing retaliatory tariffs against the US
Discussion
Don’t forget UE in this standoff
Tariffs, Taxes, Theft
Spot the difference? Because yhere is none.
It's extortion of free and voluntary interaction.
Tariffs impact consumers and benefit local producers. Be a producer, not a consumer.
Everyone is a consumer
Yes, but when one becomes a producer they chip away at being a consumer. The more producers we have the more we develop local circular economies and build our immunity.
Wow, the producer itself is a consumer 😂
Better words were never spoken. Everyone that gave you a negative response probably can’t handle the responsibility of being a producer.
Tariffs are just an incentive driver to build out local economies.
If we have to have taxes (I agree with those saying we don't), I'd rather be taxed for consumption than be taxed for production (income taxes).
That would be a very Bitcoin friendly policy change. Stop buying stupid shit and stack sats.
We also have people getting fucked from both sides.
¿No tenemos en España un 25% a China y a USA?
Fíjate en el tema de la automoción, hemos puesto aranceles a los coches chinos y de EEUU y mira como nos va 😂
La peor consecuencia es que la economía de esos países sale perjudicada y termina afectado gravemente a la economía real.
Una escalada en esta guerra comercial podría llevar a inflación, recesión en algunos países y una reconfiguración del comercio global.