Hacker News new | ask | show | jobs
by vharuck 324 days ago
I'm not willing to believe this was the plan while the tariffs also apply to crops we can't reasonably grow in the US, like cocoa and coffee. And the tariffs are also single across-the-board numbers for each country. And were originally based on trade deficits with the countries (unless we had a trade surplus with a country, in which case it was 10% anyway).
1 comments

tariffs that apply to crops we don't grow in the US still discourage purchase of those crops, making the sellers unhappy. if the seller country has been putting tariffs on US goods, the seller country is now incented to bargain on the tariffs in both directions. I'm not saying this is a good idea, but explaining something you have not accounted as a reason.