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RE: Tariffs Are Awful, but the Income Tax May Be Worse

in #economics24 days ago

Most of the trade agreements that the U.S. is part of have generally been more favorable to the other country that to the U.S. I get why Trump is trying to change that. I think the approach is a bit heavy handed. On the other hand, he is approaching this from the background as a businessman and he only has four years left in office to accomplish something. You can be in business with your best friend but you still have to treat the business aspect of it as business. Trust is nice, reciprocity is better.

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Yeah from his point of view I think his action makes sense. I am just saying, that business is business, but if there is no trust between two parties there will never be amy business. If I as a consumer dont trust grocery shop A, I will instead go to grocery shop B.