Commentary
Since then, there has been a surge of smart individuals rushing to the American media to express their opposing views on high tariffs.
Trump’s stance on tariffs is correct. Despite the potential increase in costs for American consumers, the actual impact might not be as severe as experts claim. Additionally, there are other economic and national security considerations that support the idea of raising tariffs at this time.
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“The Trump tariffs were barely noticed by U.S. businesses or consumers,” noted trade expert Alan Tonelson. “They certainly did not raise inflation, and they certainly did not cut growth.”
Chinese factories are facing challenges and need to retain customers. With declining prices in China, American consumers may not feel the effects of new tariffs.
Moreover, high American tariffs could encourage factories to relocate from China, eliminating any pressure on consumer prices.
The existential struggle between the U.S. and China highlights the necessity of imposing tariffs to address unfair trade practices and protect American sovereignty.
While there may be short-term challenges for American consumers, the long-term benefits of addressing trade issues with China outweigh the costs of tariffs.
It is impossible for China’s government to engage in a battle against America without financial support from the United States.
Therefore, it raises the question: why should Americans fund their adversary?
The opinions expressed in this piece belong to the author and may not represent the viewpoints of The Epoch Times.
