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To: Thalean

https://www.freerepublic.com/focus/bloggers/3662335/posts?page=1

The effect of tariffs and trade barriers on businesses, consumers and the government shifts over time. In the short run, higher prices for goods can reduce consumption by individual consumers and by businesses. During this period, some businesses will profit, and the government will see an increase in revenue from duties. In the long term, these businesses may see a decline in efficiency due to a lack of competition, and may also see a reduction in profits due to the emergence of substitutes for their products. For the government, the long-term effect of subsidies is an increase in the demand for public services, since increased prices, especially in foodstuffs, leave less disposable income. (For related reading, check out In Praise Of Trade Deficits.)

Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result. Tariffs also reduce efficiencies by allowing companies that would not exist in a more competitive market to remain open.


21 posted on 06/11/2018 3:55:26 PM PDT by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
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To: TBP
Because of this, domestic producers are not forced to reduce their prices from increased competition,

But that is stupid because there is still domestic competition for market share and that forces prices down you idiot. Man, you are stupid. Greed makes them, DOMESTIC manufactures, want to gain more market share and the cycle begins....

25 posted on 06/11/2018 7:16:50 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: TBP
Your tag line makes you sound like you are against the progressive movement yet you support a system of income taxes,THE MOST PROGRESSIVE TAX EVER, over the tariff. You are a hypocrite and very confused person with no understanding of world history. Are you a young person?

Tariffs can be justified on the revenue they generate alone, setting aside issues of trade. I AM FOR THEM 100%!

26 posted on 06/11/2018 7:21:18 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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