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To: Drago
American consumers pay the tariffs in the end.

Who better to pay taxes than the buyers of imported goods made by foreign workers. That is the most fair tax of all.

83 posted on 06/20/2023 7:40:10 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va
Who better to pay taxes than the buyers of imported goods made by foreign workers. That is the most fair tax of all.

Yep, agreed. I mentioned who pays the tariffs/duties because there are a lot of people saying "make China pay/China pays the tariffs"...the only way that China would "pay" is by reduced exports/sales due to tariffs. (not happening BTW current trade deficit $861 Billion). ($346 Billion with China the rest w/Mexico and other countries).

https://www.thebalancemoney.com/trade-deficit-by-county-3306264

https://www.macrotrends.net/countries/USA/united-states/trade-balance-deficit

105 posted on 06/20/2023 9:00:23 PM PDT by Drago
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To: central_va

I forgot another possible effect of tariffs is bringing manufacturing back to the USA, but the issue is that the gap in labor rates/expenses is too great for normal tariffs to be effective in that endeavor...(Slave labor rates vs. $15+ min. and much more for union manufacturing jobs).


106 posted on 06/20/2023 9:10:11 PM PDT by Drago
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