Discover and read the best of Twitter Threads about #TNOIIECBAFTATPPAAFPDATW

Most recents (3)

❌are regressive & inefficient, costing consumers (esp poor ones) a LOT to help a few workers
❌deter competition, innovation & productive investment
❌don't work in the long-run, w protected cos not modernizing, still failing
❌breed govt corruption, picking winners/losers
❌Alienate allies & undermine US national security/soft power
❌Harm US exporters via retaliation and/or higher input costs
❌Deter global economic development
❌Force US families & biz to (often unwittingly) subsidize well-connected industries/unions
❌Grow govt/bureaucracy
Read 3 tweets
"Trump has used Harley-Davidson as an example of a US business that is being harmed by trade barriers. Yet Harley has warned consistently against tariffs, saying they would negatively impact sales"

Harley, hit by tariffs, shifts some production overseas…
Important issue highlighted by @riotwomennn: are tariff exemptions determined by bribes?

Corker: "22,000 companies have asked for exemptions.There is no basis to deal with them. Are they going to grant these exclusions based on political contributions?"
Trump’s trade war with the European Union is going to cost Harley-Davidson as much as $100 million a year and force the manufacturer to shift production out of the U.S.…
Read 232 tweets
Quick thread:
So in the last few weeks, we've seen the #TNOIIECBAFTATPPAAFPDATW tariff t-shirt up and come to life 1/x
Tariffs not only impose immense economic costs... 2/
and (among many others) 3/
Read 9 tweets

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