As I said in the article its good as an import suppressing tool and the added import tax (tariff) forces reshoring and the tax can be redistributed to aid that or rebalance consumer cost. Also, if exports are not as important then any retaliatory export tariffs don’t matter. … That’s the game being played.
Agreed its only useful to force reshoring as said in the article.
It's certainly true that tariffs can generate significant revenue. Unfortunately, it comes from the pockets of your own consumers.
Depends…
As I said in the article its good as an import suppressing tool and the added import tax (tariff) forces reshoring and the tax can be redistributed to aid that or rebalance consumer cost. Also, if exports are not as important then any retaliatory export tariffs don’t matter. … That’s the game being played.
Agreed its only useful to force reshoring as said in the article.