You realize that lower import prices reduce any incentive to move production back to the US, which was ostensibly the point of this exercise, right?
You realize that lower import prices reduce any incentive to move production back to the US, which was ostensibly the point of this exercise, right?
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Moving SOME production back to the US is only one of the points of this exercise; there are many other points. Examples are ending theft of American intellectual property, increase of American exports, end of currency manipulation, end of informal rules/processes that discourage purchase/import of American produced goods, and others.
Were early in the game my FRiend. Were on a good path thanks to the vision and leadership of President Trump.
Well the greatness of tariffs is two fold. They also generate plenty of $$$$$$ for the US treasury reducing the income tax burden of the tax payer and reducing the federal deficit. win-win.