Whatever small increases may be reflected back to consumers will be more than offset by the corresponding decrease in entitlements and other financial penalties we are incurring as a result of a crippled government-centered economy and bloated federal bureaucracy.
The optimal word here is “could”.”
It’s a GOOD THING for Americans to pay 35% more for a Barbie doll so that Mattel can buy a $14 million robot to paint every Barbie’s eyes. Didn’t you get the memo???
I’m sure the end of slavery with the American Civil War hiked the consumer price for cotton. So what?
We’re supposed to believe this drivel from the illegal loving LA Times?
LOL!
Yeah, and an asteroid could impact the Earth, too!
Bunch of LA Time dumbshits!
Oh this is rich. The LAT singing the praises of a free market in trade. They loved Occupy Wall Street and Black Lives Matter so much, perhaps they should send a reporter to interview some of the OWS or BLM activists to see what they say about the virtues of free trade. Or their union buddies.
On the other hand, relaxation of gizmo requirements (Trump has postponed requiring cars to transmit their speed to other cars on the road for next year, for instance) and CAFE standards will lower the cost of the cars.
Along with huge increase in jobs
I’ve always heard that hiring legal workers would raise the cost of fruits and veggies a few cents.
Sounds like a fair deal.
Next up .... American made journalists, newsrooms, newsprint, etc.
The purpose of a tariff is to make domestic suppliers more competitive with third world produced goods. If prices increase that is a good thing. It’s the whole point of the tariff, that and revenue generation. If prices didn’t go up there would be shortages as the tariff increases demand for domestic sourced goods. But that increased demand is what begets increased US production and more jobs jobs jobs and less welfare. It isn’t rocket science people.
The big question should be how much are we losing to NAFTA?
You can't expect an individual to sacrifice his own funds to buy American. This needs to be driven by government policy. Our founding fathers had it right when they put import tariffs in place. It worked well for 180 years. We were stupid to remove them.
Once new supply chains are established in the US, and the number of miles shipped is drastically reduced, there should be a substantial reduction in transportation costs.
If you buy a car with a VIN starting with the number ‘3’ it was built in Mexico. It is not hard to check. If the salesmen brings one out for you then send it back and go home. Walk away.
More things manufactured in US = more jobs in US = more $ staying in US = stronger US economy.
Robots will level the playing field further, but it will be a whole new world. Will 70% unemployment rate be future? What then?
So, he doesn’t give a damn if his buying a car will give his kids and his neighbors jobs? Rather save 10 cents and give the jobs to Mexicans and Chinese, eh?
Today’s factories are incredibly data-robust.
The argument that it’s just too difficult to track where parts come from is just plain bull.
At least for the large corporations, intensive tracking of parts is already done- that’s how they decide where to buy them!
Asian production that moves to Mexico is an obvious benefit to US.
This is article is just silly.
Trump’s push for American-made could disrupt NAFTA supply chains, hike consumer prices!
The word “Could” makes this junk news!
The LA Raza Slimes is the illegal voice of LaRaza LA!