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Comment by bettercallsalad | Hacker News Reader

FT is a globalist mouthpiece.

I don’t support tariff but it being used as a negotiating technique is the only choice here to reduce trade deficit.

US can’t keep up the trade deficit it currently has. It requires endless fiscal deficit and sell paper money to others that sends their cheap stuff to US. With growing deficit, the interest payment now is soon to be higher than defence budget. Something has to give.

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When will we see the lower interest payments as a result of the tariffs, and how much lower will they be? The initial signals are in the opposite direction as your comment indicates. Maybe it’s a short term pain for long term gain: but when, and how much, and what is the evidence that will be true?

Because it seems more likely to me that we have a greedy moron in charge who doesn’t mind his “business” (aka our society) loses trillions as long as his family and friends make billions.

How can you in good faith discuss the deficit and us spending when the current administration has ballooned it more than any president in history. While gutting and burning to the ground American industries and manufacturing....and using reckless unprecedented spending for obvious bribes and corruption for his own families benefit...

Every administration has been ballooning it more than its predecessor. This has been the case since last decade. Nothing stops this train.

The villain here is not the executive branch but Congress which approves the fiscal budget and spending limits, debt ceiling. President has no authority to increase debt ceiling.

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