“It’s a contemptuous proposal which would immediately punish Americans by raising the price on virtually everything we buy. “
I’m going to have to call BS on this one. What Trump is proposing is an “edge of the water tax” That means China pays a 25% tax directly to the govt of the US to get these items into the country. Then they can compete with Americans on the price of these goods after they pay the tax.
Jack it up to 50%. It is a tariff but the Donald is smart enough to call it a tax on Chinese goods which it also is. While we are at it we should tax foreign oil and drill more here and produce more here. This is how you create jobs here. Start with our energy/oil/natural gas industries. Set them free to produce right here at home