Post
Topic
Board Politics & Society
Re: Mr Trumps trade war is fair trade .. Slap more tariffs on everyone..
by
Gyfts
on 05/07/2018, 04:44:52 UTC
The trade deficits the US has to deal with are pretty unique because the US owes billions to countries like Canada and Mexico and trillions to a country like China. Fair trade means more tariffs and those tariffs get passed onto the consumers through higher cost goods.

You can't win in trade wars. It's matter of who gives in first and who's willing to take the most damage to their economies.