Somebody hasn’t been listening.
>>Somebody hasnt been listening.<<
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Here’s the simplicity of it:
—$500 billion ANNUAL trade deficit with China
—When this is balanced, by tariff or by voluntary changes in China, one of two things will occur:
1. The goods are built here (iPhones, or whatever); or,
2. Something else is built here and sold back to them.
SIMPLE, eh?
In the meantime, the tariffs that are paid are a tax that can be used to bridge the gap for MUCH LOWER CORPORATE TAX here-—the additional CARROT to bring back our jobs.