Sort of. A unilateral tariff generates a trade imbalance in favor of the economy imposing the tariff. By applying commensurate tariffs in the other direction, you keep the trade balance you had before the tariff was imposed.
manxu
joined 1 week ago
It certainly worked during COVID. Republicans said they'd rather die than give up their unmasked freedom. Hard to ask their graves if they regret that, though.