Some naunce that is lost is most of the celebration of the settled tarrif rate for one of the US’s top trading partners is for the decreased uncertainty that brings. If you’re managing a business’s supply chain you don’t want pure question marks related to the import tax rate in any part of that supply chain, especially when the possible values are anywhere between 0% and 200% for the import tax.
Edit: how’d I manage to typo “import” twice in two completely different ways?!
I don’t think he really cares. My hypothesis is that Trump is just in love with the concept of deals, so he made these tariffs in an attempt to force other countries to make deals with him.
Realistically the actual levying of import taxes is far enough removed from the policymakers at the top that they’ll just follow the laws and court rulings as written until they receive orders otherwise. So unless someone in the Trump administration personally gets involved in the day to day, they’ll stick to whatever the written policies are
Some naunce that is lost is most of the celebration of the settled tarrif rate for one of the US’s top trading partners is for the decreased uncertainty that brings. If you’re managing a business’s supply chain you don’t want pure question marks related to the import tax rate in any part of that supply chain, especially when the possible values are anywhere between 0% and 200% for the import tax.
Edit: how’d I manage to typo “import” twice in two completely different ways?!
This assumes that Mr. Trump will honour the deal, which is a pretty big assumption.
I don’t think he really cares. My hypothesis is that Trump is just in love with the concept of deals, so he made these tariffs in an attempt to force other countries to make deals with him.
Realistically the actual levying of import taxes is far enough removed from the policymakers at the top that they’ll just follow the laws and court rulings as written until they receive orders otherwise. So unless someone in the Trump administration personally gets involved in the day to day, they’ll stick to whatever the written policies are