Pakistan doesnt sell much to US except for a few T-shirts, socks and soccer balls.
Pakistan exported $3.8b worth of goods stateside in 2011. At 2% of its GDP, it's not huge but also more than a rounding error. A 100% tariff would probably raise a few hundred million a year. Again, not much, but not zero.
posted on 02/25/2012 9:53:37 PM PST
by Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Zhang Fei
US exported $2 billion dollars worth of good to Pakistan in the same year. Take into account that you will be losing that money and Pakistan will be saving that money.
As for the 100% tariff, you will be raising it not from Pakistan but your own consumers. Pakistan will be selling the item at the same price, only US consumers will be paying extra tariffs to the government. That may not go well with US consumers. Sorry but your plan is still bust.
posted on 02/26/2012 8:22:59 AM PST
To: Zhang Fei
Also 100% tariffs wont affect Pakistan. Here is why..... When you buy a $10 shirt that says “Made in Pakistan” remember the actual labor cost of making the shirt in Pakistan is probably less then 50 cents. The rest of the costs involves shipping, packaging, inventory, marketing, branding and retailing, most of which happens in the US. Applying tariff to 50 cents worth of labor cost wont even be noticeable in the overall product cost.
posted on 02/26/2012 8:41:12 AM PST
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