The US will impose 25 percent tariffs on Mexico and Canada, and 10 percent on China, the Trump White House said. The purpose of tariffs is to protect domestic manufacturers and their work forces. What American manufacturers and workers are being protected by Trump’s tariffs? So much of US manufacturing is located offshore, what purpose are the tariffs serving?
The “tariffs” in reality are taxes imposed on imports of foreign produced goods, including the offshored production of US corporations...
Published on February 03, 2025 20:01