Technically speaking tarif has both trade creation and diversion effect. Moreover, the ultimate payers of tarif are local consumers. Has he really considered the forthcoming inflation in USA? Is losing America's softpower a rational action from USA's national interest point of view? What is your opinion?
Imposing tariffs triggers trade diversion, inflates domestic costs and burdens consumers further fueling inflationary pressures. In my opinion America's soft power will weaken through economic nationalism that would undermine global influence leading to weakening strategic leverage. A rational policy safeguards competitiveness without self-inflicted stagflation. America’s hegemonic stature hinges on economic foresight not isolationist myopia. Shortsighted protectionism will create long term economic damage to world's economy, no debate about this!
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