Many people are interested in the president Donald Trump so obsessed with their oranges, given that they have been declared unconstitutional by the Supreme Court, have not brought economic improvements, and are not popular in the United States.
In fact, he wouldn’t be an economic genius by any means to understand why Trump insists on his oranges and why he will follow him. Before you enter here, let’s see who has completed – or who has stopped mining – their prizes now.
When he announced his flat tariffs on his “Liberation Day” a year ago, Trump made sure to reduce the country’s trade deficit, move factories back to China and Mexico and force the country’s manufacturing sector to collapse. Unidos
But nothing came of it. On the contrary, according to the Government Labor Office, 103,000 workers were lost in production last year.
The reason is simple: it is much cheaper to make things in Asia or Mexico than in the United States.
As for the trade deficit, according to the government’s Office for Economic Analysis, it managed to remain practically the same as last year. Taking into account the increase from Trump oranges to foreign products, the deficit was reduced to just 0.2%. O sea, no case.
American Stock Exchange Operator.
Reuters
A new story from CNN shows it 62% of consumers have these orangeswhile only 37% agree. Including a Fox News report after Trump’s example revealed that 63% of Americans were against oranges.
Most people know that these increases in oranges are passed on from businesses to consumers, who end up paying more for games, televisions, coffee and other imported products.
Really, why is Trump insisting on his oranges as much as he wanted to do in his State of the Union address?
The short answer is: because they can. Trump wants to be at the center of the world stage and exercise power unprecedented in the country’s recent history by using oranges as a garrote to punish his enemies and reward his friends.
The fees also give Trump more control over the companies and have earned more than $200,000 million. It’s a huge treasure chest that you can use like your old one.
Trump is not aware that he is using oranges as an external political weapon. In my discussion of the State of the Union, I say that it has gained “economic as national security” benefits.
Trump has publicly complained about adding oranges to other European countries unless they help him negotiate the purchase or annexation of Greenland. He had previously suffered from oranges in Brazil, claiming that the country’s government was waging a “cacería de brujas” against his ally, former president Jair Bolsonaro.
Trump has also openly complained to Mexico with higher oranges that illegal immigration and fentanyl smuggling are not being curbed.
Marcelo GiugaleA professor of economics at the University of Georgetown and a former senior official of Banco Mundial told me Oranges have become an “extraordinary powerhouse” for Trump.
“Internationally, they’ve been used left and right for reasons that are a question, in unions that are a question, and in countries that are a question,” he told me. “Y los países en general doblaban la rodilla”.
At the national level, orange growers oblige state-owned companies to line up at Casa Blanca and demand the payment of the last few oranges to their foreign competitors.
“He uses it as a disciplinary tool both externally and internally,” added Giugale.
Because of the Supreme Court setback, Trump warned that his tariffs would remain in place under other statutes. I admit that the change in the legal status of oranges will be complete, but I guarantee that they will remain stable.
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