Tariffs are taxes. They make the price of goods go up. The producers and importers don’t pay the tax; we do.
“Tariffs are taxes. They make the price of goods go up. The producers and importers don’t pay the tax; we do.”
let me rephrase that for you:
Lack of tariffs are taxes. They make the price paid to Americans go down. The importers pay less, cheating Americans out of their jobs.
If you want cheap foreign goods, then move the Hell out of the United States and live where you buy your crap.
The producers and importers don’t pay the tax; we do.
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Only if we buy their junk instead of buying American thereby building our own economic strength versus giving the foreigners our dollars to lord it over us and drive us out of business.
Protectionist, (Patriots) understand that a tariff will increase prices initially. We get it. WE WANT THAT.
It's a one time inflation due to higher labor costs in the USA. Again, we understand the economics at play. We are not stupid. But the payoff from higher import tariffs comes in lowered social costs and higher quality products. We are willing to pay more for a strong viable industrial base. I WANT TO PAY MORE.
Tariffs also reduce the budget deficit.
What Free Traitors™ want you to believe is that the supply function is static and no new domestic suppliers will EVER come on line. Despite their best efforts brand new factories are still being built in the USA all the time. Not as many as are closed mind you but the situation is dynamic and not static. With more domestic supply will mean pressure to reduce prices.
That is the typical over-simplification.
Check with the real Republican Party - before the Neocon (Trotskyist globalist) usurpation: Tariffs were a consistent plank in the platform.
Anyway, Trump does the deal, and uses it as a bargaining chip.