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I am still against regulation in the manner we impose it on our own industry. The consumer ends up paying for it with higher product prices. Tariffs on foreign produced goods will only raise the price of the product to another level.
If the consumer expects product A at a certain price, he (in most cases) will not pay more for that product. The industry supplying the product will need to produce the product more economically to stay in business, even if it means moving to foreign shores to escape our self imposed regulation.
In too many cases, I find our own regulations absolutely obtuse. When I was working in overseas, a carton of cigarettes in the US PX was approximately $23. The same product in the Italian PX next door was $13. Guess which PX had better business. We did that to ourselves with regulations and taxes, and these were US manufactured products.
I am still against regulation in the manner we impose it on our own industry. The consumer ends up paying for it with higher product prices. Tariffs on foreign produced goods will only raise the price of the product to another level.Exactly. All this crap costs money, and it does drive ultimately product costs or put our companies, our employers, out of business. The dems and greenies pretend it's free.
My position on tariffs is to use them as leverage to decrease our own costs of regulation, or to encourage the foreigners to come into spec.