Since taking office, U.S. President Donald Trump has frequently played the \"tariff card,\" utilizing tariffs as a central tool of his foreign policy. However, according to Alejandro Reyes, a scholar at the Asia Society Hong Kong Center, these tariffs have done more harm to American consumers than to the countries they were intended to penalize.
Reyes observes that by imposing tariffs, the costs of goods increase for consumers in the United States, effectively attacking them instead of the intended foreign nations. \"Trump essentially sold the tariffs to the American people,\" he notes, emphasizing that the true burden of tariffs falls on domestic consumers.
Reyes further emphasizes that Trump views tariffs as a crucial foreign policy tool, perhaps without considering the long-term consequences. \"What happens after him? He probably doesn't care all that much,\" he said, suggesting that the president's focus was on immediate impact rather than sustainable outcomes.
Reference(s):
Expert: Trump essentially sold the tariffs to the American people
cgtn.com
