Quote:
Originally Posted by incoming
Taxes are mandatory....consumers don't have to purchase goods that have tariffs. They have other options.....
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Not true.
America can only produce about 2/3 of the lumber we use, most of the rest comes from Canada. Trump's tariffs on Canadian lumber have added about $6000 to the cost of the average single family home. What is the option for a new home buyer?
An Alcoa subsidiary processes aluminum ore in Canada before it is shipped to the US for final production. Alcoa has to pay tariffs on imports from its own subsidiary, and pass them on to consumers. What is the option for customer of Alcoa and other aluminum companies?
American steel producers have raised prices under the protection of tariffs on imported steel. What are the options of companies that use steel as an input to their production, or to the customers of those companies?
To the extent that consumers can avoid tariffs by purchasing American made goods, or be forced to by economics, Trump's own campaign people pre-election said that such tariffs would add 10-15% to the cost of living of the average American. None of the "other options" to tariffs are economically beneficial.
I for one would rather have the choice.
