Re:Dow plunges more than 950 points after China devalues its...
by TheBranca18 on Tuesday August 06, 2019 @09:23AM
(#20624895)
I feel like you're offering a false choice. The point of the tariffs is to punish China for a trade deficit and make companies produce things more in the United States according to this administration. Companies aren't changing things as a result of these tariffs as far as I can tell. So currently, consumers and producers are being punished and the administration isn't getting what it wants either. I just struggle to see the point. Personally I think it's more of an anti-globalist segment of the administration, as a trade deficit isn't necessarily a bad thing.
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