You don’t pay the import tax if you buy goods from within the country.
The goal seems to be to drive sales to American businesses with American goods. Until it’s cheaper to buy American goods than it is to buy Chinese goods. Reversing the roles.
That’s the face value goal, if they were being honest and following classical economics. It’s entirely moot when tariffs are put on goods that can’t sufficiently be brought stateside.
Yeah shifting production to the US is much more complicated than just making it more expensive to import things. Even when it’s on goods that can be produced here, I’m skeptical that any of these tariffs will result in increased production here.
all you need to do is look at events like brexit, the companies just abandoned the UK and moved to europe. i suspect that will happen with some of the companies.
You don’t pay the import tax if you buy goods from within the country.
The goal seems to be to drive sales to American businesses with American goods. Until it’s cheaper to buy American goods than it is to buy Chinese goods. Reversing the roles.
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The reciprocal tarifs aren’t. He mostly calls trade deficits other countries changing us which it isnt and uses that to compute the rates.
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EVERYONE except you knows what
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That’s the face value goal, if they were being honest and following classical economics. It’s entirely moot when tariffs are put on goods that can’t sufficiently be brought stateside.
For example, coffee and chocolate.
Yeah shifting production to the US is much more complicated than just making it more expensive to import things. Even when it’s on goods that can be produced here, I’m skeptical that any of these tariffs will result in increased production here.
all you need to do is look at events like brexit, the companies just abandoned the UK and moved to europe. i suspect that will happen with some of the companies.