Talk of The Villages Florida - View Single Post - The China Syndrome
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Old 04-22-2020, 06:19 AM
stadry stadry is offline
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also naive OR ignorant - import tariffs are imposed by OUR government thereby making the goods more expensive ON THE DOCK/AIRPORT APRON. 'decides whether to pass on the payment [ tariff ] to the consumer or absorb the cost themselves.' LAUGHABLE if the company paying tariff absorbs the cost, why would the products be more expensive to american consumers ? need to learn some basic economics

tariffs are imposed to make imported goods more expensive - either to punish the exporting co OR level the playing field for foreign vs domestic items of comparable value,,, by making foreign imports more expensive to consumers, it reduces the amount spent on foreign imported items

this is a tightrope as china's the largest holder of u s debt

Last edited by stadry; 04-22-2020 at 07:03 AM.