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To: Lower Deck
A tariff at point of entry is paid by the person importing the goods...

It seems like half the tariff advocates on FR don't understand this simple point. Tariffs are paid by US business owners. Raising them negatively impacts US business owners and their US employees, not foreign governments.

10 posted on 05/17/2016 12:54:44 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves
It seems like half the tariff advocates on FR don't understand this simple point. Tariffs are paid by US business owners.

Yes. And they also believe that Americans will step in to produce the tariffed items. But a bad investment climate such as we have now will still be a bad investment climate.

To wit, the tariff on Chinese tires. It's cost American consumers some $8 billion dollars and created about 1200 jobs in American tire plants.

Raise revenue through tariffs if you want, just understand what they will and won't do.

23 posted on 05/17/2016 1:25:26 PM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: Mr. Jeeves
Tariffs are paid by US business owners. Raising them negatively impacts US business owners and their US employees, not foreign governments.

I think that is the point isn't it?

26 posted on 05/17/2016 1:27:12 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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