Quote from: TwitchySeal on November 01, 2024, 07:53:11 AM

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Tarriffs will be for people that criticize Trump, pose a threat to Trump, or people he just doesn't like. Great way to get all the billionaires to bend the knee.

Actually it makes more sense and sounds like pretty much a political authoritarian strategy if you explain his tariff plan in that way, instead of being a macroeconomical way to try to push the United States upwards... Perhaps that is why technological giants and CEOS which production heavily depend on imported good have remained silent during this presidential campaign, specially since Trump started to talk about Tariffs. I have read the CEO of Apple has even tried not to comment on Trump rethoric for the sake of the future of Apple and even Microsoft is walking on thin ice.

Though, of there is some certainty on his tariff policy, it would be an increase on the prices for anyone in America who tries to import and drive electrical vehicles made in China, Joe Biden has already set an stunning 200% percent tariff on those EVs, which is good for Tesla and Elon Musk, if Trump wins those tariffs will get up to 500% or more and the stock value of Tesla will continue to increase because of that.