I agree in theory and in practice (21%) – "Eventually other countries need to stop their tariffs on the US. We have a major trade deficit. If he can get them to drop tariffs on the US it will be a step in the right direction."
I agree in theory, but not in practice (17%) – "If Trump was serious about reshoring all of these products, which I support for the most part, he would need to deploy resources into onshore capabilities - everything from research to manufacturing to workforce development - and allow time for onshoring activities to ramp up in order to minimize increased cost burdens and supply chain constraints. He shows no signs of taking these steps and so we are going to suffer higher prices while continuing to import products. It's a lose-lose scenario."
I disagree (56%) – "Using tariffs to reshore business is a fallacy. If a company build manufacturing in the US they will make it mostly automated and not hire a lot of American workers. Secondly taxes and costs of construction will make the cost of their product much higher costing Americans even more to buy American. Balance is the answer. Build American those things other countries could use to halt production to harm the US. All other items look at the most cost effective way to produce them. With declining birth rates in the US employees will be even harder to find in the future so take advantage of other countries labor forces."
"I get that they want to boost American industry, but the tariffs are not only raising the cost of foreign goods but are also hurting American industry by making it more difficult for us to export goods because of tariffs enacted against the United States in response to our tariffs. The temporary exemption of electronics from the tariffs is good, but it would be better if these high tariffs weren't here for any products."
"He is all over the place! I don't believe he, or his advisors, have any idea of what they are doing. What he says he is trying to do - bring manufacturing & associated jobs back to US soil - is not at all practical or even possible. But this flipping from tariffs on/tariffs off is just foolishness and shows that zero thought has been put into what the administration actually wants to achieve."
Unsure/other (6%) – "I definitely see why he wants to do it because US is tariffed and we need more things made in America but I don’t like that we are losing so much in our stock account. Low oil prices result in lots of small oil companies going out of business. It might be profitable for consumer but it’s not profitable for oil companies. They can’t make profits when oil is 60 dollars a barrel. Most of the world doesn’t realize that. So far I’m not thrilled with anything going on and it’s definitely affected our finances"
❓ Our question to you: In general, how do you feel about the US government’s recent moves to reduce IRS headcount and funding?
❓ Our question to you: In general, do you agree with congressional Republicans’ plan to extend most or all of Trump’s 2017 tax cuts while also enacting cuts to federal spending?
❓ Our question to you (long-form): In general, what are your thoughts on the current Trump administration tariff approach?
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