Comment Re:Does anyone actually feel it? (Score 1) 33
I'm pretty sure someone was expecting that we were addicted to that $100B trade, and by throwing a 15-999% tariff on it, 15B-1.5T of fresh taxes were going to be generated. With a 40% drop in purchasing, that's going to translate to a lot lower tax intake than expected. The price for that will probably be more inflation, but the powers that be have shown very little concern over using other, more nuclear options (possibly even literal nuclear options), for handling budget shortfalls.
Exciting times!