But (assuming a tarrif is something that can even pass) I imagine you're going to see a swiss cheese of exemptions for favored countries. And these countries will become a back door for imports.
Expect all of your coffee to be mysteriously harvested from Canada.
No don't. Last mandate, Trump out tarrifs on Canadian steel, labeled it a strategic risk. Read somewhere that it boosted Russian owned us steel mills somehow. Canada is not getting any favors from that guy.
Read somewhere that it boosted Russian owned us steel mills somehow.
Given the degree of US sanctioning on Russia, I'm not clear what a "Russian owned US Steel Mill" is even supposed to look like.
I remember Japanese Manufacturer Nippon Steel is moving towards full acquisition of US Steel, the largest steel maker in the country. That has, at least in part, been driven by the threat of US tariffs. But this only further illustrates the problem. Foreign mega-corps gobbling up domestic industry do nothing to improve the US economy.