The Second Trump Presidency

Right right, another measure then that disproportionally favors the rich, they have a higher tax rate on their income, so they'll gain the most from that.The poorest will get only a small benefit from this.Yet at the same time, the increase in goods cost from such Tariffs would be 50%+, meaning the cost of living goes up a lot for the poor in comparison to the richest, who probably won't even notice the difference, because they're rich.Great fun, did I get this right?

That's basically what I thought, like over here in the Netherlands, we have tariffs on electric cars from China, because they are producing them with really big government support, meaning they can sell them cheaper, trying to flood the EU market with cheap cars.Now the sales price goes up on them, so it puts them more in a competitive situation with other EVs here, while earning the government some monies.Which is a great deal, but blanket tariffs would be a big problem.