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Old 09-18-2018, 11:15 PM   #6
Clocker
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Join Date: Jul 2013
Posts: 17,095
Quote:
Originally Posted by classhandicapper View Post
The argument is that generally the consumer will have to pay higher prices!

That's probably true.

They may have to pay up to 50 billion more for goods.

But what if the country also gives them a tax break equal to or greater than the 50 billion cost of the tariffs?

Then both the government and consumers are even!

And the consumers then have no price incentive to buy domestic rather than imported goods. Which is the whole point of Trump's plans.
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