“Right. Because we all know the cost of componant parts never affects the cost of the end consumer good.”
I’m guessing you didn’t read the whole article. The tariffs are placed on the first sale not the last and they are spread out so much that the hit to the consumer is minimal and in a good economy, can be absorbed easily.
Plus if they are sourced outside of China no one gets hurt at all, except for China.
Team Trump is cutting the legs out from China’s manufacturers, just like he did with Mexico and China sourced items. Canada will be next.
It is a good article, with a dumb headline. Odds are it will cost the consumer a nickel here and a nickel there. But who cares, it is worth it to get control of the China problem.
Which is it? Do they affect the consumer cost or not?
Don't forget, the claim is they won't cost a nickle.
Hurt? Paying $32.50 instead of $29.00 for a toaster is not ‘hurt’. Hurt is watching your home town go into ruin because Hamilton-Beach closed down production and moved to China.