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Yes, tariffs may work for small countries, Cuba being the classical example (even though it only worked in the sense of keeping Cuba poor). But using tariffs against a country the size of China is a complete non-sense that could only come from the minds of stupid US politicians. The fact that it didn't work at all for Russia, which has an economy many times smaller, should be an early warning.


If China wants lower tariffs, all they have to do is purchase more to reduce the trade imbalance.


How would they buy more if the US gov is making this illegal? The Trump/Biden policies are only increasing the US trade deficit.




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