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Behind Trump Tariffs Is Capital's Warfare Against the Working Class

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
What is behind the tariff war that Donald Trump has launched against Mexico, Canada and China, with a promise to extend the war to the world as a whole? Moving beyond the smoke and mirrors, we must step back and focus on three things.
The article from MSN, titled "Behind Trump Tariffs is Capital's Warfare Against the Working Class," discusses how former President Donald Trump's tariff policies, particularly those targeting China, were not primarily aimed at protecting American workers but rather served the interests of capital. It argues that these tariffs were part of a broader economic strategy to shift the burden of economic competition onto workers, exacerbating income inequality and reducing real wages. The piece critiques the notion that tariffs would bring back manufacturing jobs, pointing out that automation and global supply chains have fundamentally changed the job landscape. Instead, it suggests that these policies have led to higher costs for consumers, retaliatory tariffs from other countries, and have not significantly benefited the working class. The article frames this within a historical context of economic policies that favor capital over labor, highlighting how such measures contribute to the ongoing class warfare where the working class faces increased economic pressures without corresponding benefits.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/behind-trump-tariffs-is-capital-s-warfare-against-the-working-class/ar-AA1ze8jZ ]