More tariffs....gonna hurt

[Clocker]

Originally Posted by Buckeye

Here's a simple thought from a simple man.

Interfere with Markets and interfere with my Life?

As a simple man, I have certain Rights now don't I?

Don't step on them. I don't like it. We could start with Property.

Go home, not that it pleases you, and read the Constitution.

Some people just don't know what is good for them. We're from the government and we're here to help you.

[Buckeye]

Originally Posted by Clocker

Some people think that foreign trade takes place between two countries, rather than between the companies and consumers in those two countries.

They think that if the companies and consumers in Country A buy more stuff from Country B than vice versa, that's not fair to Country A, and that Country B isn't buying its "fair share".

So the government of Country A should do something to either make those in Country B buy more from Country A, or make those in Country A buy less from Country B until the volumes of transactions each way are equal, and we all live happily ever after.

Some people, in fact most people have no clue.

Back to the drawing board.

[Buckeye]

So here's the situation, Free Trade vs what?

Something else?

I didn't even study this stuff that much!

[Clocker]

Originally Posted by Buckeye

So here's the situation, Free Trade vs what?

Something else?

I didn't even study this stuff that much!

Say that in a free trade market, Americans are buying more goods from Chinese companies than Chinese are buying from American companies. If you don't think that is "fair", and if you have the power to do something about it, the quickest "solution" is tariffs.

A tariff on Chinese imports is a federally imposed tax on imports, and is paid by American importers who pass the cost on to American consumers who buy those imports. If the prices of Chinese imports increase relative to similar American products, American consumers will buy fewer imports and more domestic goods. The higher the tariffs, the more consumers that will switch away from imports.

The more that American consumers are paying in import taxes or for more expensive domestic goods, the higher their cost of living.

[Buckeye]

Don't forget the less jobs Americans have.

Seems like you left something out?

[Clocker]

Originally Posted by Buckeye

Don't forget the less jobs Americans have.

Seems like you left something out?

We live in a global economy. That is a fact of life, and nothing can change that, especially the federal government.

To do well in a global economy, you have to do what you do best. When it comes to making stuff, we don't do best at making stuff that relies heavily on intensive use of unskilled labor.

Our manufacturing sector output reached an all-time high last quarter. But we did it with a lot fewer manufacturing jobs than even before.

According to one study, 13% of the manufacturing jobs lost in a 10 year period were due to jobs moved over seas. About 87% of the manufacturing jobs lost were due to automation and other increases in technology. Tariffs ain't gonna change that.

https://money.cnn.com/2017/01/30/new...ion/index.html

[Buckeye]

We'll see about that-- won't we?

Why stop sending our jobs and money overseas?

Why indeed.

[Buckeye]

and Stop trying to support the worst President in American History with links.

It's not convincing.