Importers respond to Trump tariffs: "This is getting expensive as F" "Its a dark day for us" "And my farming family and this shit goes on longer." "Considering the RMB keeps dropping it’s a wash" (it's true that the RMB drops whenever this happens, but not enough to compensate)
I'm okay with it. I agree with you wrote. I wrote a little about this already here, but let me fully critique the Trump tariffs.https://twitter.com/Molson_Hart/status/1165011454371749888 …
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The problem with the tariffs is that they: 1. Don't give anyone time to adapt and modify their supply chains 2. They're constantly in flux. Why would I change my supply chain if Trump will likely change his mind like he did with Mexico or China many times before.
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3. The tariffs don't incentivize American manufacturing. They just disincentivize Chinese manufacturing. They basically just encourage importers to go to Mexico, Vietnam, etc. Is that better than China? Slightly, but not really "America First".
End of conversation
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