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For First Time in Two Decades, U.S. Buys More From Mexico Than China
(www.nytimes.com)
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this post was submitted on 07 Feb 2024
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Trumps tariffs were intended to spark growth in domestic manufacturing, not Mexican manufacturing. Not to mention the fact that he also absolutely fucked over a huge portion of Midwest farmers with that choice also can't possibly be seen as "good".
There's this thing known as inertia. If Biden were to reverse the Trump administration tariffs, China doesn't have any reason to remove their tariffs on the US (which were made in response to Trumps tariffs) but would still benefit, especially with the huge rise of tensions between the US and China over Taiwan.
The only reason the tariffs are still in effect is that it wouldn't do anything good for the US to repeal or to have repealed them, not because they were a good idea.
Thank you for the explanation.