CTarian on Nostr: I've seen a video by President Reagan talking about tariffs, and he didn't like them ...
I've seen a video by President Reagan talking about tariffs, and he didn't like them too much.. I can understand in a free market way, what he's saying. Absolutely. Sadly, there's a couple things not said, so this video is misleading in regards to America's position.. Reagan speaks from the view of the one who initiates tariffs, and from there it's all out tariff war that destroys the economic world. The difference now is that all the other countries have already initiated tariffs. So we're reacting to situations already in place. Reciprocal tariffs could end up moving the world in the direction of zero across the board ya know.. This would be the end result for what Reagan says will happen. After we supposedly collapse in a heap, what then? My guess, free markets with no tariffs anywhere to be seen. Then there's tariffs to penalize behavior deemed to not be in America's best interest. Well, I'll believe President Trump has reasons to use tariff to create reactions and the possibility of negotiations to move the narrative in the best direction for America. Already the economic numbers are pointing in a strong economy direction without the chains of regulations & huge tax bites. Free enterprise by free people!! What a concept!!