The real failure has nothing to do with tariffs. It's failing to end income taxes. Ending income taxes would turn the US into THE tax haven for productive commerce. It's hardly conceivable how fast production would move to the US were income taxes to be eliminated here.
Adding tariffs to income taxes is the actual opposite of what Trump promised Americans, and instead of unprecedented prosperity eliminating income taxes would achieve, we are instead being financially spit roasted by taxing both income and outgo.
Thanks!
He's taxing us on top of taxing us... it's a formula for pain.. you are right, I believe, but I doubt he will move towards abolishing the IRS. That is a pipe dream at this point.