Did I get this right? Our president placed tariffs on our goods. Other countries retaliated by meeting or exceeding those tariffs. Our farmers complained because it hit them in the pocketbook. So, because of Donald Trump’s tariffs, our president is gifting farmers with $12 billion of our (yours and mine) tax money to alleviate the shortfall.
A 5-year-old could have told you this would happen. I wonder if our president is going give $100 million to Harley Davidson because that is what their CEO stated the tariffs were going to cost them. This is a paint-by-the-numbers version of economics. Stand by for more stupidity.
Rick Tibben
Nipomo
This article appears in Aug 2-12, 2018.
This is like the 6:00 news where a snippet is picked out of a story to get the storyteller’s point across. I guess it’s not important that the USA is getting unfair deals by many countries and now someone is actually trying to do something about it vs. just sit on their hands and doing nothing. In the short-term there may be some consolidations but in the long term I hope that we have much better trade deals with all countries, which will help the entire country. I guess time will tell, but to me stupidity is letting the USA get ripped off every day.