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To: Tolerance Sucks Rocks
5% general tariff

Not high enough. 20%.

5 posted on 10/23/2017 1:09:45 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

20% would be a good number to compensate against somebody dumping subsidized crap on our shores. I tend to believe, however, that high tariffs as a rule do more harm than good, and that free trade (actual free trade, not managed trade) with friendly and neutral countries is beneficial to us.

As an example, the Smoot-Hawley tariffs (around 60%) and the resulting punitive tariffs on our goods by other countries, caused such a slowdown in international trade that it contributed to the Great Depression, due to a lack of foreign goods in addition to our domestic goods.


22 posted on 10/23/2017 7:08:21 PM PDT by Tolerance Sucks Rocks (Environ-MENTAL-ism is MENTAL)
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