|
|
|
|
|
by chrisco255
313 days ago
|
|
1. The escalated tension between the United States and China is unlikely to resolve in the next 3.5 years. Apple already took the step to move iPhone production to India. However, as recently shown, even India could be subject to tariffs as they are purchasing Russian oil and in effect funding the Ukraine war. The next president will have to operate in a multipolar world. 2. The tariffs are producing revenue for the Federal government. Hundreds of billions per year. To remove the tariffs arbitrarily in the future, a President would need to assume the political risk of increasing the national deficit. 3. Trump imposed tarriffs on his first term that Biden did not reverse. Even if the next President is a Democrat it's more likely than not that the trade deals remain in place. 4. A strong contender for the next president is the current vice president, JD Vance, who would be highly unlikely to reverse. |
|
Trump didn’t initiate sweeping tariffs in his last term, and they weren’t wildly unpopular. Trump is accumulating enough bad will at the moment to make it very politically easy for someone to wash away everything if they win the 2028 election.