Australia’s chances of escaping America’s global steel and aluminium tariffs appear all but extinguished, with the US president reconfirming his commitment to a comprehensive tariff regime he argues will be “the greatest thing we’ve ever done as a country”.
“We’re going to take in hundreds of billions of dollars in tariffs, and we’re going to become so rich, you’re not going to know where to spend all that money,” Donald Trump told reporters on board Air Force One flying from Florida to Washington DC.
“We’re basically going to take back the money – a lot of the money that we’ve given away over many decades.”
They forget they don’t have the production plants or skilled labor for all this stuff they plan to build. Hell, they won’t even have unskilled labor after they finish deporting everyone.
OK, so even if they do build it all and somehow get it working, nobody is going to buy any of it because they pissed the world off.
That’s a great point lol.
Yeah, they’re so anti-immigration, but higher education is still behind one of the most absurdly inflated paywalls in the country, and you can’t find a job that wants to actually train anybody anymore.
Who’s gonna do this stuff?
What absolute geniuses. Prosperity is right around the corner. /s
and its also increased prices of domestically produced products, due to higher wages, and other stuff that goes with it.
It isn’t a well thought out plan.