| | | Reagan's tariff on Japan did not put all US soybean farmers out of business.
Some US workers benefitted from the tariff, some did not.
Initially, the tariff appeared beneficial for the U.S. semiconductor industry, leading to increased employment—from approximately 589,000 to 620,000 jobs. However, the broader impact was complex. While some sectors benefited from reduced competition, others faced higher costs from pricier imported components.
Reagan's tariff on Japan was well-researched, targeted, and intended to solve a specific trade imbalance.
Trump's tariffs are an international train wreck, and change day by day, depending on how heavy his flow is, and how bad his cramps are.
Only someone who knows how to read would get that, so it's understandable why you're so confused. |
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