I don't know how many times I have to say this, but tariffs are taxes on the average citizen. They aren't paid by the country that's been tariffed, just us, the folks paying for the thing imported from said country. That's just a fact. And there's no changing it, no matter what a talking head says.
And while I agree that tariffs can be used to correct trade imbalances, punish a country for human rights violations, and potentially get better relations with other countries, the willy-nilly way that the current administration is wielding tariff threats and real ones against allies and adversaries alike who already have good trade relations with us is beyond the pale of anything that's useful to the American people. We're the ones paying for all this asinine posturing, no one else.
Which is why if you're a fan of anything from Japan, i.e. anything from Kawasaki, Suzuki, Yamaha, or Honda, well, all your powersports machines are about to see a pretty dramatic rise in price in the coming days and weeks and months, as the Trump administration has announced it's reached a deal with Japan to see a 15% tariff on all its imported goods.
