“Hatred muffles the mind” when talking about tariffs

Forget how you feel about Trump. Keep the issue in mind. Hatred muffles the mind.

There are many versions to this story of tariffs, globalization, and independence. Lion and the mouse, poking the bear, be only a couple examples. 

USA is the machine that runs the world. We take it for granted they protect us with their military. 

Economically they are the world’s consumers. They import into their country from all countries more than these countries import from them.

Some of the imports are American products made in foreign countries. American made cars from Mexico, and Canada are imported into the USA. iPhones and Teslas made in China are imported from China to the USA. China exports 80 percent of their products from iPhones to pharmaceuticals to the U.S. China imports only a fraction of U.S. products in comparison. Germany exports Mercedes, BMW, and Audi to the USA but USA is not allowed auto exports to Germany since they have a 10 percent tariff on U.S. autos.

Canada allows only 10 percent dairy products needed from the USA after which a 300 percent tarrif is applied on U.S. milk, butter and cheese.

The world uses the U.S. market as their major customers. They call this globalization. 

The U.S. now has a businessman as president, not a politician. Philosophy has changed. They want a competitive even playing field. The only way to even the field is with reciprocity globally, a tit-for-tat tariff.

 Now the screaming starts. “How dare the U.S. issue tariff on our products while we tariff theirs.

Countries including Canada retaliate with more tariffs. Now you have poked the bear.

The U.S. will increase their home supply chain in aluminum, autos, steel, lumber, oil, and nuclear power. They have the means. Their employment goes up as do wages making it possible to afford higher prices. Countries will lose their skilled unemployed to the U.S., who is thriving and in need of workers. Sounds like victorious America after the war when the battered Europeans flocked to America.

This time it will be an economic war the USA will win. It’s best to negotiate a fair trade. 

I can hear the “you like Trump responses all ready.” Give it up. Do your homework rather than spit hatred.

—Victor DiNardo

Amherstburg

“Hatred muffles the mind” when talking about tariffs