President Trump’s trade war is idiotic because he doesn’t understand his tariffs are paid for by American consumers and he will never understand. That being said, the rest of the world does not have to reciprocate. The only thing the other countries have to fear is loss of market share and that loss is years down the road since the U.S. won’t have factories built to make these products for many years and labor cost will make these products uncompetitive. Companies in these countries can also sell to the U.S. at their usual prices and make the usual profits because Trump’s tariffs only affect U.S. importers and customers. These countries also have the rest of the world to sell to at the nontariff prices. These other countries would compete with the U.S. with prices that are 25% to 50% lower.

Gary Ammerman

Concord