Even if you buy into this incoherent argument that Rand is making in his speech today, that tariffs are taxes?
Let's grant that idea for a minute, as wrong as it is.
Let's pretend tariffs ARE taxes, exactly as Rand is claiming.
What would that mean has been going on for the last 50 years as these other countries tariff the SHIT out of us, while we didn't tariff them back?
Or to use Rand's language, these other countries TAXED OUR CITIZENS to get access to their markets, while we taxed these countries NOTHING to have access here to our markets in the US?
Trump is leveling a RECIPROCAL TARIFF/TAX on these other countries [with the exceptions of Mexico and China].
We just started 'taxing' THEM just as much as they 'tax' US.
And Rand didn't have SHIT to say for the 15 years he's been in the Senate about these unfair tariffs our products are being hit with when they are sent to these other countries.
He only found his voice on this trade war NOW that Trump is doing exactly he campaigned on: ending the unfair trade practices that benefit all these other nations but not us.
As you do a vast reset like this, yes there is some pain involved and there will be higher prices as the markets and the flow of goods adjust.
This HAD to be done. And I hope people are paying attention to who is being forced to come out and try to stop it.