To add to your point, for tariffs to even work, they _have_ to be permanent. There can't be any room for negotiation in them.
If an investor wants to build a factory to produce shoes (a process that can take years), they need to be sure that the tariffs won't just go away next year.
If an investor wants to build a factory to produce shoes (a process that can take years), they need to be sure that the tariffs won't just go away next year.
Trump's tariffs are anything but this.