No, when the government takes 20% out of the middle class budget, it hurts America more than China. They can easily retaliate by putting tariffs on our goods which, while less than we get from them, would still cause us more pain. Trade wars are pure stupidity and economic ignorance in action.
Cheap imports fuel our economy by lowering the cost of living and giving people more spending power. If you want everyone to work more to get less at inflated prices, do what you’re suggesting.
In the reality that everything U.S. consumers buy HAD to be manufactured here, you would need to bring in tons of immigrant labor to get the job done. We don’t have the labor capacity here to do it by a longshot. And I don’t want more foreigners immigrating here and voting Dumbocrat. I want them staying in their own countries.
Retarded. Not everything you buy is imported. What is being charged is a tariff on imported goods which account for about 10% of the average family budget. And some of that is locally sourced(still for a while). So a 20% increase on 10% of the budget is a 2% "inflation" for the average consumer household budget.
Hyperbolic BS is still BS.