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Trump ignites trade war against all, slaps 20% tariff on EU, 10% on Ukraine
(kyivindependent.com)
News and discussion related to Ukraine
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We already learned it!
And the rates are based on totally bogus math, aka the trade deficit, not the real rate. I learned all about this and how tariffs are bad in my very conservative (US) middle school. But no, they just set trade policy based on what some boomer typed into a spreadsheet.
… I don’t even know what to say. But, ugh, we aren’t going to learn from this.
There's learning, and there's learning.
If I explain someone what an electric fence is, they will likely believe me, unless someone else tells them electric fences aren't really that bad or are made up, etc.
If they touch the electric fence, they've learned in a way that no words can convince them otherwise. They've experienced it firsthand.
Americans are going to learn the hard way.
Like I've said many times this year:
Some people only learn if they are kicked in the dick.