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Michigan Post > Blog > Economics > Tariffs & Trump’s Interior Circle | Economics
Economics

Tariffs & Trump’s Interior Circle | Economics

By Editorial Board Published March 27, 2025 3 Min Read
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Tariffs & Trump’s Interior Circle | Economics

COMMENT:

I dont get it..You mentioned you don’t have any entry to Trump.Cmon Marty…Your sensible sufficient to discover a means.Your identified by many govts and your not sensible sufficient to get by way of?I dont consider that!Even Alex Jones says he has entry to TrumpYou know Alex…And he cant get the message to Trump!

GG

REPLY: These tariffs are, to a big extent, political in hopes of forcing change. Europe, for instance, is deep in Marxism with excessive tariffs in concept to guard jobs. Take agriculture. Europe has a Agriculture: 13.9%. tariff on American agriculture in comparison with the USA at 5%. Then there are points the press doesn’t even discuss. Then there are the Non-Tariff Obstacles (NTBs). The EU likes to make use of stringent NTBs (e.g., EU rules, US requirements), however these are distinct from tariff charges. Regulate one thing like high quality. Since Europe has attacked its farmers utilizing local weather change, it may well impose NTBs if crops are grown with the fertilizers they’ve outlawed.

1996 Testify

I consider Trump’s folks have taken my testimony earlier than the Home Methods & Means Committee as a result of they’ve advocated the 15% price I laid on the market. I defined that U manufactures leaf due to taxation and regulation, not as a result of they must pay somebody $10 an hour vs. $15. I defined that we couldn’t go to ZERO as a result of some international locations would tax an organization if it have been positioned in a tax-free zone. I defined that 15% would carry again all the businesses that left, however there needs to be some assure that if the Democrats get again in, they don’t reverse all the pieces. Democrats love spending the cash of different folks. They’re indoctrinated into Marxism.

So that is much more complicated; all I can do is level out the right path. I do converse with some folks on the staff, however we should take this realistically. Canada has tariffs even between its provinces, as if every have been its personal nation. It’s a actual mess.

TAGGED:ArmstrongcircleEconomicstariffsTrumps
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