• CannonFodder@lemmy.world
    link
    fedilink
    arrow-up
    13
    arrow-down
    1
    ·
    1 day ago

    Of course. Counter tariffs cancel out the effect of tariffs and in most cases have much more effect than the tariffs - 100% tariffs on cheap shit from China is still relatively cheap. But any tarif on US made products will kill the business as U.S. stuff is usually already at the cusp of being too expensive. On top of that, the general psychotic governing dissuades business with the U.S. Throw in how population in other countries, especially Canada, have collectively become super pissed at the U.S. and do everything they can to stop buying US products - and the U.S. economy will be fucked for decades if it ever recovers.