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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
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"In 2024, China was the top supplier of goods to the United States, accounting for 16.5 percent of total goods imports. U.S. goods imports from China totaled $438.9 billion."
lol that would be hilarious to see. If he manages to piss Mexico and Canada too (same numbers), the USA will import nothing in the next few years.
Besides Oil, USA doesn't actually need a lot of imports (and I'm not rly sure how much imported oil they actually need if allowing for a slight increase in energy cost). Today the US relies on imports cause it managed to outsource all possible labor-intensive tasks to whom now are now the manufacturers, but getting those industries back to being made locally shouldn't take more than say, 5 years. US just imports these things because they're cheaper to make that way, but has everything except as-cheap labor to make them (including the know-how).
If this maneuver is successful, it would likely be very good for US working class.
This is not a trump endorsement btw. It's just good socioeconomic strategy to bring industry back to national territory.
Edit: To those of you who are downvoting me (i.e. everyone), don't worry. I still love you. <3.
Edit 2: I think this is my all time most downvoted comment of all time! I don't know what to say.... I'd like to thank my autism and lack of rewarding life experiences. Hi, mom! :D
If this was a targeted tariffs at something we specifically used to be good at, for example cars, and it came with price controls for the internal market, you might have a point.
As it stands a broad global tariff will not shift manufacturing "back" to the US it will simply serve to further monopolize the economy further.