Ever wondered how tariffs are actually impacting you? 🤔 According to Alejandro Reyes, a scholar at the Asia Society Hong Kong Center, former U.S. President Donald Trump wasn't just slapping tariffs to tangle with other nations. Instead, he was strategically using them to benefit American consumers directly. 📈
\"Tariffs essentially attack American consumers rather than penalizing the intended countries,\" Reyes explains. He suggests that Trump saw tariffs as a key tool in foreign policy, not just an economic barrier.
Looking forward, Reyes adds, \"What happens after him? He probably doesn't care all that much.\" This raises questions about the future of tariff policies and their long-term effects on the U.S. economy. 🧐
