[Spktyr]

Um, that’s not likely. All they have to do is headquarter overseas instead. Then the US can’t collect on such taxes AND they then have every incentive to close their US offices.

[Nick Danger]

All they have to do is headquarter overseas instead. Then the US can’t collect on such taxes AND they then have every incentive to close their US offices.

You have to hand it to them for telling the truth. After all, they said they were "eliminating incentives for companies that ship jobs overseas." Sure enough, they eliminated any incentive to stay here. So the companies (and their customers) are better off shipping their headquarters jobs overseas.

[PSYCHO-FREEP]

Yes, and the goods they will still import here will cost much more to offset increased tariffs, taxes and penalties .

This is simply Protectionism 101. It NEVER works and has repeatedly tanked countless economies of countries insisting that they are the exception to the rule, and verily can make it work.

But then, we saw this coming months ago and know full well the outcome without waiting to see if it actually works.