BloodRaven
MVP
No I mean tax cuts and deregulation. This graph below shows the car sales since I had to check. Its pretty topsy turvy anyway way its looked at so it looks like the trade war has done nothing. In a good economy people buy.
View attachment 1723
Also leaving the link
https://tradingeconomics.com/united-states/total-vehicle-sales
If you believe in free trade then all tariffs should be eliminated. Correct. Trump wants absolutely no tariffs.
Im for tax cuts and deregulation, but tax cuts have to be paid for and balanced against spending.
Also Trump doesnt want zero tariffs, he could have negotiated free trade as our tariffs were equal to Chinas only last year. The presumed goal of the trade war is to encourage us to buy American and reduce Chinas trade concessions but the real reason is an attempt to force China to change its one sided industrial and economic policies.
What we're approaching now is a technology arms race to seize the global lead in hi-tech sectors for the 4th industrial revolution, our trade war has redoubled Chinas efforts to be less reliant on forced technological transfers.
This is before we even get into the new trillion dollar silk road or Chinas increasing global influence and seizing the south China sea.