I think a lot of people who were originally in favor of increasing tariffs to encourage the reshoring of American manufacturing jobs are now questioning Donald Trump's tariffs because they are so extreme and punitive, especially toward allies. We are no longer in the 1950s and 1960s with large numbers of young workers ready to shift to manufacturing jobs, and assuming the U.S. did manufacture more of its products, it is likely to cause a massive spike in the cost of those products - particularly electronics and computers. This will slow the growth of technology, having ripple effects into bitcoin, since it trades like a technology stock and depends on technology for its infrastructure.
While an increase in tariffs could be justified, Trump is too extreme with the current rates.
Op. Does the title match the content of the topic?
Every country has a need for products or natural resources from other countries.
Each countrys concern may be that their exports will be lower than usual. And if the impact is there when the taxes are imposed, they should have their own ways and strategies to anticipate it.
Trump is upset that their products are not selling as much in other countries as Ford cars.
He said, related to the sale of cars made in Asian countries are sold in those countries with a large percentage and made in those countries. While US-made cars are not sold much and it is considered unfair as I read on BBC.