The article explains the differences. In the first term tariffs were targeted and rolled out slowly. The person in the article expected the same in Trump’s second term.
The first term tariffs also caused reciprocal tariffs to be put in place that caused short term ($27B from mid 2018 to 2019) and long term damage to our agriculture industries by enabling other countries to develop their own industrial base to replace the US. Trump ended up bailing out US farmers with packages that equalled 92% of that the tariffs brought in.
I stand by my first statement. The farmer wasn’t paying attention to the first term.
The article explains the differences. In the first term tariffs were targeted and rolled out slowly. The person in the article expected the same in Trump’s second term.
The first term tariffs also caused reciprocal tariffs to be put in place that caused short term ($27B from mid 2018 to 2019) and long term damage to our agriculture industries by enabling other countries to develop their own industrial base to replace the US. Trump ended up bailing out US farmers with packages that equalled 92% of that the tariffs brought in.
I stand by my first statement. The farmer wasn’t paying attention to the first term.