Besides blanket tariffs that make everything more expensive, letting Americans buy less stuff, there will be job losses from retaliation, and less money to buy other stuff.

There is unlikely to be mass reindustrialization of the US in the face of low demand, and not being exportable products due to retaliatory tariffs. Deporting 10m people will harm housing and banking and tax revenue and other demand for stuff.

  • IninewCrow@lemmy.ca
    link
    fedilink
    English
    arrow-up
    12
    ·
    23 days ago

    Journalist reports that he sees a man holding a flame thrower threatening to burn everything down may only cause minor heat damage.