Red in Illinois
2 hours ago edited
Trump is using tariffs (admission price) to the largest consumer market as leverage against other countries to lower their trade barriers. Those trade barriers could be tariffs, import quotas, currency manipulation, regulations etc.

All the “free traders” that are panicking right now apparently haven't been paying attention to Trump for the last 8yrs. This is quintessential “Art of the Deal” maneuvering.
Scare the 💩 out of countries that restrict our imports to the point they cry uncle and lower/eliminate their barriers to our exports. Cut deals that result in something closer to free trade. Where comparative advantage actually guides trade.

Apparently, its already working with several countries as they are preparing to send trade delegations to the WH. //

Outerlimitsfan
2 hours ago edited
Well complete free trade between Europe and United States that Elon desires certainly wasn't going to occur by continuing the same policy of the last several decades.

Europe was quite enjoying the status quo of using some protectionism while we also paid a huge amount for NATO and gave away foreign aid to numerous countries.

Big reason why many European countries had the cash to spend on socialist domestic welfare programs was because they didn't need to spend much on military defense. //

Bring Back Bugs Bunny
2 hours ago
Tariff negotiations (Trumps position) are exactly how we reach zero tariffs with EU (Musks position). Trump Musk disagree on tariffs…my bunny tail! //

Chelan Jim
2 hours ago
Musk and Trump are saying the same thing: There should be no tariffs.

Waiting for other countries to voluntarily give up their tariffs on our goods is fairy tale. We have had low tariffs on them for a considerable time and they are not going to budge without some nudging.