this post was submitted on 06 Aug 2025
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Wouldn't this only affect goods manufactured in the USA? If a finished product containing chips from say, Europe, were to land on USA shores it would only have a 15% tariff right?
Why does trump hate American manufacturing?
Huh? No, it's the opposite. You should really look up how tariffs work. They drive up prices for goods manufactured outside the US. Local goods are unaffected, giving them a competitive advantage.
They increase demand for domestic goods and therefor raise the price of goods that were already more expensive than the imported goods.