You damned bettcha.
The same "experts" who have led us into multi-TRILLION dollar debt.
I presume Apple would be high on Trumps Target List. His deal for Apple: Fire those 500,000 Chinese and bring your manufacturing back to the U.S. or I will tax all your iPhones and iPads.
Or something like that.
Is that really a good idea? Do we really the U.S. Government making these kind of business decisions?
I don’t think so.
Those “Taxes” will have to be structured so that the companies, not the consumers actually pay them not an easy feat to accomplish.
Had a few of the local Rochester brains on...they had no problem with the tariff...saying.....if that’s what levels the playing field...
Tariffs boil down to nothing more than taxes on imported consumer goods. Consumers, (that’s us) always end up paying every penny of the tarrifs through higher prices. Why doesn’t Trump seem to know this?
We already have 1,200 tariffs on various products coming into this country. I’m sure lots more would be just great.... Something else for us consumers to pay for.
But “terrific tariffs” are like “terrible tracers.” They work both ways
I don’t think consumers pay tariffs not companies.
I don't care if the Trumpster puts a 100% tariff on foreign goods, it'll still be cheaper to locate a plant in Texas or Tennessee than in New York.
But people will still believe in the "magic" of tariffs. All the while not understanding that we, the consumers ultimately pay them.