The move to increase levies on US goods comes after Donald Trump announced sweeping tariffs on countries including China.
Archived version: https://archive.is/newest/https://www.abc.net.au/news/2025-04-04/china-announces-34-per-cent-tariffs-on-us-goods/105140746
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Trump is not implementing these tariffs because he thinks they will work. Well maybe he thinks so, but it’s not why he is implementing them.
He is the CEO of America, only executing the directives set by the board of directors, which in this iteration of government is The Heritage Foundation, aka the PayPal Mafia.
Their goals are not to make America wealthy. It is to strip it of resources, and hopefully break it completely apart into seperate nation states that they can swoop in and win control of with their billions of dollars.
Corporate monarchies, as detailed by Curtis Yarvin, the psycho all these billionaires subscribe to.
That is why Trump will keep doing stuff that seemingly backfires.