Posted on 09/30/2018 2:14:48 PM PDT by davikkm
Is the United States ‘trade bullying’ like China says? If so, what is this going to do to the average American – like you and me?
Tariffs have a direct effect on all American clothing and many of the people and businesses we work with.
A tariff is a tax on goods imported into a country. This tax is a percentage of the total cost of the product. which includes insurance and freight. It goes without saying a tariff will raise prices on imported goods.
Tariffs are waived when countries form free trade agreements with each other. Businesses use trade agreements as market strategies – they target exports to countries their own country has favorable trade agreements with to minimize cost.
(Excerpt) Read more at investmentwatchblog.com ...
More work for Americans as the slave labor exploitation system of the mercantilist fall apart.
I'm not going to spend MORE....I'm going to by less "stuff"...and that's where it will hit China.
The USA is a victim of globalist pilfering. Block China hacking personnel records, trade secrets, and such then watch to USA grow.
It means:
Higher prices.
Improved employment.
That’s the trade-off. If Trump wins his arguments in favor of reducing tariffs all around then we will get lower prices and further improvements in employment.
Trump is making a bet that, since the U.S. is the biggest and best market in the world, others will fold their cards (tariffs) before he does.
I’m betting he is right. But time will tell.
Had a friend who was upper management at XXXXXXXX. Said when Chinese were coming to visit, everyone was told to completely clear their desk except for one "worthless" file to read over.
It means more jobs and higher standard of living here.
It means more jobs for Americans, a stronger nation with more domestic means of production, and an economy that isnt a hollow shell.
So the importer can't renegotiate pricing with the foreign manufacturer, can't arrange cheaper shipping or more efficient distribution in the US, or -- egads, I can scarcely bring myself to say-- the importer might give up some profit to stay competitive.
Or the foreign manufacturer can setup plant in the US to avoid tariffs and -- even more so-- uncertainty, or American competitors can expand to fill the void.
No, I tell you! We must lock in the profits of importers! Anything else is not free trade!
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