Former President Donald Trump made increasing tariffs a major focus of his campaign in 2016, and he’s escalating his anti-trade rhetoric again in 2024. Unfortunately, while his trade policies were bad for our economy, they are good for his political prospects.
During a recent rally in Ohio, when referring to otherwise duty-free Chinese cars made in Mexico, Mr. Trump declared,“We’re going to put a 100-percent tariff on every single car that comes across the line, and you’re not going to be able to sell those guys if I get elected.” Similarly, in February he confirmed that he planned to re-ignite a trade war by imposing a 60-percent tariff across the board on all Chinese imports.
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