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To: Alberta's Child

There is that, but the trading partners would also have to consider the relative value and scarcity of the various imports. As in a rare metal, or a complicated finished product, might be worth a higher tariff than wood or corn. I just don’t think there is one size fits all that works here.


49 posted on 03/04/2018 10:41:39 AM PST by Bernard (The only Fair Tax is the Tax that Taxes You and not Me)
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To: Bernard

If I own a company in the U.S. that uses steel or aluminum in a manufacturing process, a tariff on steel and aluminum is a huge incentive for me to relocate my company to another country that does NOT impose this tariff. That’s really what drives economists like these authors nuts about these targeted tariffs.


50 posted on 03/04/2018 10:46:52 AM PST by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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