-—A 20% import tariff balances the budget tomorrow.-—
A 20 % tax on imports would be passed onto to consumer...
Thanks, but I’d pass...
Then we print money and die. Stupidity reigns supreme. The founding father have provided us with the tools we need to get out of this mess. If only we would follow their example.
It will force companies to return to the U.S. because their competitors in the U.S. will be kicking their ass in the marketplace.
That’s how it works in the real world.
Carrier and Ford will move operations back so fast it’ll be amazing. Especially when you can buy a Dodge or GMC for 35% less.
Not necessarily. Your assumption that American consumers will simply pay more for higher priced imports is not based on empirical evidence. It is actually more likely they will choose a comparable lower priced domestic product.
Twenty percent of nothing is nothing.