General Discussion
In reply to the discussion: America's massive trade deficit: Why BIG tariffs won't hurt the United States [View all]unlawflcombatnt
(2,494 posts)Retaliatory Tariffs only hurt if we're selling goods to that country.
Since we're selling almost nothing to China, and almost all of that is raw materials for the manufacture of goods exported to the US, it would hurt us none whatsoever.
The same is true of all 3rd world countries we import from. Retaliatory Tariffs would make essentially 0 difference, since they're not buying anything from us to begin with.
Did any of you guys even look at the trade statistics posted by the OP poster?
Have you looked at any of those from China, Vietnam, or Mexico?
They purchase almost nothing from us.
And with the exception of rare earth metals and aluminum, we already HAVE all the raw materials we need in this country for manufacturing. Our manufacturing would survive without any problems if 0 raw materials were imported.