fcbforever
New Member
- Joined
- Jul 14, 2013
- Messages
- 4,077
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- FC Bayern München
Protectionism is a dangerous road to go down. I always thought it was the dodgiest (in the sense of most difficult to implement) of Trump's election promises, even if the one with the most popular appeal.
He can build his wall, repeal Obamacare, spend a trillion on infrastructure ... and it'll be fiercely controversial, but imposing big tariffs on imported goods is a nuclear bomb.
The problem is, it hurts the ones who voted for him the most. Yes, it may get some more people into work. But it would mostly be low paid jobs, while all goods would get more expensive. There's literally no benefit, especially since a lot of companies (including the US car industry) can only manufacture in the US and stay competetive because parts of their supply chain is in other countries.