They don’t have elections to worry about and their government is working to open new markets while we fight with every single one of our long term trade partners.
Just to be clear, you are okay with Americans potentially losing their jobs because the President wants to appear like a tough guy? And you are okay with the government bailing out people? I’m sure when Obama did it, you called for his impeachment.
If Congress would get off their butts and pass a bill giving them the authority regarding tariffs this crap could be ended immediately. But they are too afraid to do so.
Meanwhile, socialist bailouts is the new conservatism.
Obama did limited tariffs on specific items. Those things happen and then the two countries went to the WTO to argue their cases and usually try to settle differences.
That was my assumption as well, but not sure anymore. I think more bailouts like this are far more likely.
After all if Trump was to cave, then it would be an admission he was wrong when he said tariffs were great and “easy to win”. and we all know how Trump cannot ever, EVER admit he was wrong about something.