To: Jim 0216
Answer? DONT shoot yourself in the foot because the other guy did. Let the voluntary cooperation between buyers and sellers in the open supply and demand of marketplace free from government interference work it out and do what it does best: CREATE WEALTH.
Um, it's not an "open supply and demand of marketplace" when some countries heavily subsidize certain industries, or place large tariffs on US goods. Take the vehicles mentioned above - the US imposes a 2.5% tariff on EU cars, while the EU imposes a 10% tariff on US manufactured vehicles.
Really, what we should do instesad of imposing a flat 10/25% tariff on certain goods, is look at each country's tariffs on our goods, how much gov subsidizing is going on, how open they are to US goods, and then impose a relative tariff on all imports from that country.
To: Svartalfiar
Regardless of what other countries are doing, our goal should be voluntary, open, and free supply and demand in marketplace.
Forcing higher prices on incoming goods just penalizes the American consumer and lowers our standard of living and don’t at all attack the core economic issues (the federal government) that hinder our competitiveness in the marketplace.
There’ll always be customers for high quality, low priced goods. We don’t need tariffs to accomplish that.
108 posted on
03/08/2018 2:03:46 PM PST by
Jim W N
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