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To: Olog-hai
That will leave US importers to pay the tariffs and pass on the cost to US consumers (further fueling inflation) or to US shareholders through lower profits.

False argument. Consumers will buy what they can afford and buy cheaper items. If cost is passed on to consumer, consumer will buy item from someone else or not at all. That doesn't fuel inflation. Others will fill the vacuum caused by pricier Chinese goods, which will hurt China not us.

13 posted on 09/24/2018 11:02:49 PM PDT by roadcat
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To: roadcat

Only problem with your logic is you’re conveniently ignoring the fact that CHINA IS the cheapest game in town. There are generally no cheaper alternatives that can instantly fill in where China’s cheap products did.

So, I’m sorry to say, but US consumers WILL be paying more and it WILL mean INFLATION.

As much as anyone here wants the US to win, I don’t think any country wins when there’s a trade war.


16 posted on 09/24/2018 11:34:25 PM PDT by AlanGreenSpam (Obama: The First 'American IDOL' President - sponsored by Chicago NeoCom Thugs)
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