Wrong! Unless the protected commodity, in USA industry, doesn't use the protection to... Expand, Modernize, improved Environmental Protection, etc. A tariff levels the playing field, temporarily. Then world completion is possible.
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I meant.. World Wide Competition Then remove the tariff.... Game On. Otherwise it is a TAX.
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It's frustrating how quickly the "let's lower taxes" folks become the "except for the taxes that cater to my whims!" folks.
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It's also irritating to see smart people say that raising costs on consumers (AMERICAN consumers) somehow "levels the playing field."
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What American has been doing is paying protection money for years and the cowardly is afraid to buck it - not our president
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I'm tired of wienie experts hyping the consequences of a trade war, especially since no shots have actually been fired. Pres Trump is forcing the Chinese to negotiate, but China has to respond defiantly in order to save face. Have faith, this will end well.
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I don’t think they are taxes. You don’t have to buy the product if ion don’t want to. You can buy it from somewhere else. Most taxes aren’t avoidable.
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Tariffs are a tax on the importer. The importer still has to maintain a certain profit margin and will raise the cost of the goods to do it. You don’t get to pick where your car comes from yo save money. All cars will increase in cost. I assume you need a car in KS too.
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Tyranny is a good word for it. Trump has to be reigned in before he takes all of us to hell with him. In fact it was congress that gave the executive the power to impose tariffs,under certain conditions,they need to take it back.
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