I’ve heard this complaint about tariffs and Trump at least a hundred times and of course I agree with it on it’s face. But, Trump and his army of NEW and brilliant minds are not idiots. They know a 20% “tariff” means the the pickup truck costs 20% more ergo it comes out of the American truck buyers pocket.
The whole ARGUMENT it seems to me is redundant. Why? Because a 20% Tariff will never happen. Ipso facto the pickup with the 20% tariff cannot be sold in America because no one will buy it.
So, “tariffs” are just the stick. Trump will end up having his cake and eat it too on this “tariff” issue as there are a thousand ways to keep American vehicles being built in America. Unfortunately for Mexico, the party is over. Factory’s and jobs staying in America will not be pain free for Mexico no matter what.
So he shouldn’t go pushing tariffs.
You’re right. All we need to do is drop our corporate and individual tax rates, cut regulations, ease repatriation of funds and, to add in Larry Kudlow’s last favorite, allow immediate expensing for business investment in order to get our economy cooking again.
Talking about tariffs is sadly delaying and confusing it all.
If only could understand your point, breaking up the globalist destruction of America and American livelihoods by bringing up tariffs was a starting not end point to negotiations.
Finally, someone is looking at the American interests. Barely in time I might add.
>>They know a 20% “tariff” means the the pickup truck costs 20% more <<
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NOT TRUE.
It means the customer will choose a pickup made in America that is not subject to the tariff.
It means that many more Americans will have jobs and other economic benefits of making things in America.
Even militarily it is significant. The reason America was able to overwhelm its enemies in WWI and WWII was because of our great manufacturing capability capable of being turned to weapon systems.