How so, at least with this article? It mentions a couple times things like:
what she hasn’t done is disown the current tariffs on the imports of China, which have also been harmful.
if Harris wins and resumes Biden’s supposedly more strategic approach to tariffs, tech companies already feeling heavily burdened expect they would be stuck with extra costs under her administration
Harris hasn’t been clear about her plans for tariffs if elected
It’s unclear how quickly prices would rise if Trump or Harris expanded tariffs.
It feels (at least to me) pretty balanced on this that they will rise if either one is elected, they just can’t say how much under Harris because she hasn’t given details about it, which they point out many times. Trump has declared his intention, so that’s why his amount is shown.
Trump’s threat of a 60 percent tariff on all Chinese goods is perhaps the clearest worst-case scenario for tech companies preparing to adapt as administrations shift.
Disowning current tariffs doesn’t mean they’ll go away, either, though.
Tariffs are easy to put in place, but hard to roll back. You can put then in place on a whim, basically, but then the target country will retaliate with their own. As a result, removing them requires diplomatic negotiation to make sure the removal is bilateral. That’s not easy to do during times of icy relations like China and we currently have.
They could have titled this piece „Vote for Harris because Trump will make your toys more expensive”. Stating that they don’t know what Harris will do is not nuance.
How so, at least with this article? It mentions a couple times things like:
It feels (at least to me) pretty balanced on this that they will rise if either one is elected, they just can’t say how much under Harris because she hasn’t given details about it, which they point out many times. Trump has declared his intention, so that’s why his amount is shown.
Disowning current tariffs doesn’t mean they’ll go away, either, though.
Tariffs are easy to put in place, but hard to roll back. You can put then in place on a whim, basically, but then the target country will retaliate with their own. As a result, removing them requires diplomatic negotiation to make sure the removal is bilateral. That’s not easy to do during times of icy relations like China and we currently have.
They could have titled this piece „Vote for Harris because Trump will make your toys more expensive”. Stating that they don’t know what Harris will do is not nuance.