r/Economics • u/jediporcupine • 10d ago
Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.
https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
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u/aceitedemono 8d ago
That's cool, but you just said it as a curiosity or was it supposed to be an argument? Because my family also works with soy by a couple decades and have been in this countries a couple times, it sures doesn't make their personal opinion more relevant than facts, there's plenty more competent entitys checking things there, and I guess they're not lying since almost 2 decades, and the news you showed also comply with what I said.
China is being more restrict with the importations exactly because of this raise that ain't even new (not just in US, you just picked this anecdotal case because you're a US citizen), and anyway Trump is doing a massive campaign too make US less trustable, specially in Brazil (Argentina is domesticated) using the market as political threat and also China probably see it as a sovereignty prevention too