So all the liberals and their suck ups in the media are worried about a trade war with Canada because Trump is going to put a tariff on Canadian steel and aluminum. It’s like these tariffs are the end of the world or something and that the economy will collapse over it. Yet these left wing hacks (and a lot of so called Republicans) never US-Europe automobile tariffs. The Europeans add a 10% tax to all autos we export to Europe. Yet, with all the German, British and Italian cars coming into this country, we only tax them at a small 2.5%. Do you understand why we have such large trade deficits now?
On tariffs: Europe tariffs 10% on US autos – US tariff on EU autos only 2.5% |
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Hate to puncture some of the narratives out there. But…
EU tariffs on US autos = 10%
US tariffs on EU autos = 2.5%— Jonathan Ferro (@FerroTV) March 4, 2018
I get it. Democrats and Never Trumpers would rather the American worker suffer and you buy stuff made of foreign steel and aluminum. The mask slips off again.