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A country will not grow and become prosperous if it is strictly a consumer-oriented economy. The 'free' traders in this country have been telling us that these tariffs are bad and we may as well point a cannon on the unsuspecting backs of the American consumer.
What Trump is doing is making the USA the place to manufacture again, and manufacturing is what creates jobs. And it is manufacturing growth which leads to prosperity, not through some pencil pusher in a cheap suit saving a few bucks on socks bought at Wal-Mart.
We've had a couple of Trump critics tell us how dangerous the steel tariffs are to our country and how the consumer will get killed. Really??
We've already shown them that a $100 increase due to the steel tariff on the sticker price of a car is an insignificant increase on top of a $30,000 automobile.
Wilbur Ross also said that the aluminum tariff will increase the price of a can of soup or soda by ... hold on to your wallet ... one-third of one penny.
If people are worried that Daimler Benz will raise their prices of cars as a retaliation or partake in a trade 'war', then let them. Then the marketplace will decide their fate. Just like the 'free' traders always say it should be.
And if Mercedes wishes NOT to pay the duty... then they could avoid it by simply building manufacturing plants here in good ol' USA. Trump didn't bar any foreign company from building plants here, now did he?
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