For you this is very lame. What if the other country imposes tariffs on our goods, and/or manipulates their currency to gain pricing advantage? I guess you are more than happy to destroy US jobs so you can buy cheap foreign goods.
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If other countries want to hurt their own people, why should we follow suit?
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Any barriers to trade distort markets and hurt people.
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Truth.
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They can also be negotiating tools. Let's not be too quick to judge.
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A modern take on Milton Friedman.
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Isn’t it possible that they can be used as a bargaining chip, counter-intuitive I know. Perhaps there is a long-run goal of lower/fewer taxes with higher present taxes as a means. Or am I too optimistic?
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WRONG.
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The reason foreign goods from China, India, etc are so cheap is thier lack of env & labor laws & lack of quality control. I used to make brake rotors at Dana we couldn't buy castings cheaper than China put finished rotors on our shelves. Brake hard 1 time and theirs are junk.
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Taxes are kinda taxes on your own people
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Yeah China's tariffs are just an empty threat we don't pay them Chinese people and businesses do
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Not true :/
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@AaronBloom6 I’m down for a no tariff world! Too bad other countries have fat tariffs on US products
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No they're also a tax on the other side. They tend to hurt both sides.
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This is true. I for one am sick of hearing that Trumps tariffs are the start of a trade war, while the 11,000 EU tariffs are not commented on at all. But then I am sick of the hypocrisy of the left in general.
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