United States Politics: ∆τ_i*ε*φ*m_i<0 where ε=4 and φ=0.25

[Nintex]

Tariffs don't work unless you are trying to artificially sustain an inefficient local industry. In the end, they only serve to increase inflation. Those inefficient industries collapse anyway. 

Case in point, the billions wasted sustaining local car manufacturing in Australia for decades.

I think the situation for the US is a bit different.

- Lots of raw materials and resources (EU has to buy these overseas)
- Untapped workforce and lots of young people (EU is just old people)
- Lots of consumers ($$$)
- Lots of energy (unlike Germany)
- Most US companies actually make a competitive product (unlike France)

The alternative would be to pump the state budget into massive enterprises in addition to tariffs like China is doing.
In the EU we also have tariffs, we just rebranded them to "Carbon Taxes". 

Please clap moment 

BLM for TRUMP