Originally Posted by Guest

"For Trump, it's straightforward. The Republican presidential candidate is unequivocal on his position: He would renegotiate NAFTA and impose a 35% tariff, a tax on imports, from Mexico. Or, he'd rip up the trade agreement entirely.

With China, Trump says he would impose a 45% tariff on Chinese imports.

Let’s consider what this would mean with a real-world example. Let’s say an American consumer goes out to buy a refrigerator from Mexico. For simplicity, let’s say that refrigerator normally costs $100. Under Trump’s plan, that refrigerator from Mexico would now cost 35 percent more, or $135. The thinking behind a tariff is that an American shopper would gravitate toward an American-made refrigerator selling for less. Here’s the problem: Mexico would certainly retaliate and levy tariffs on American

products coming into Mexico. And then you have a possible trade war.

Further, tariffs prevent American companies from bringing in foreign goods they need to build products."

Trump’s trade policies worry economists

Interesting read especially the history of when others tried what he proposes.

If that guy is correct on his prediction about Trump winning, and all the worlds economists are also correct, it sure sounds gloomy but if you listen to the terror experts warnings on Trump it may not matter...we will be dealing with other things.

It is actually admirable to want change. It is actually admirable to oppose Clinton.

Here is the problem.....the alternative is so very very much worse and that is not political chit chat....these people who are scared of Trump are much smarter and richer than he and know more about world economy than he ever hopes to know.

Any man who responds to another idea or criticism by attacking personally is someone NOT TO TRUST.