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To: taxcontrol
So we put a 10% import tariff on foreign goods. Foreign countries then put a 10% (or larger) import tariff on US goods ... and we are right back where we started from.

The only country that doesn't tariff our exports now is Singapore, even Canada tariffs some of our exports.. Where have you been? I think the Chinese duty on construction equipment and cars is 50%....

66 posted on 02/05/2015 7:05:09 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

The correct policy is not a fixed percentage but rather and equal percentage. That means if they charge X percent, we also charge X percent.

But import tariffs don’t fix the underlying cost of labor differential that businesses face.


67 posted on 02/05/2015 7:10:32 AM PST by taxcontrol
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