Tariffs are a legitimate tool for addressing trade imbalances... while, properly done, in a coordinated system designed for that... the taxing of imports and exports is a legitimate tool for structuring tax revenues in the least onerous way... Given taxes ARE a drag on all economic systems... the question of where best to apply that drag to minimize its impacts... is legitimate. But, "innovation" in taxes... is rarely about minimizing impacts...
Knowing that its NOT about impact reduction, rather than intending more impact, gives us:
"risks, including undermining world trade rules and triggering trade disputes"... but with that as the intent... in the realization of those risks as the goal.
But, seeing a coordinated policy without any of the legitimate concerns as drivers... in a policy that is not ignoring the risks as much as intending they be realized... and given they know the what impact of the change in the re-imposition of sweeping tariffs will be from prior experience...
“prolonged [the depression] and possibly deepened it around the world, not just in the United States but for other countries,”...
Shows us that's the choice being made... to impose a realization of those risks in order to obviate risks to themselves... by imposing them on everyone else... holding the world hostage to their narrow self interest.
The rest is hand waving to distract from that choice because "climate" !!!
The scam allows them to knowingly impose global harms because "See what good people we are" ?
All that leaves for those who "get it"... is parsing specific impacts and, particularly, the likely sequences in events and the timing issues in the rest... both in result of the implementation of that harmful intent as policy... and, likely to be more important: in the unintended consequences... as they continue creating policy that is based not on "agreed principles" under a rules based order, or on economic reality while seeking greater good, but on pairing desire for "control" with belief in their own propaganda... |