I have a question - does “aligning” with BRICS policies include being a BRICS country? Because that would mean tariffs on Russia when none were announced on April 2 …
Also, does that mean +10% on India? China? South Africa? Brazil? Iran? UAE? Indonesia? Egypt?
I just think we shouldn’t sublease factories in other countries to produce what we buy. The world is turning a little more introspective, and self sufficiency as much as you can get is a good thing.
That’s not what you said, though. You said we would end up “with better trade deals.”
Tariffs mean we will pay more. All throughout history until now, paying more for the same product would normally be seen as a bad deal.