No, tariffs are never a good choice. Let's go the extreme. What if China would be willing to send their material (cars, coal, oil, steel, whatever), would you recommend that we would not accept these products? You would refuse to receive good products at no cost? Of course this is never going to happen, but it shows just how stupid tarif…
No, tariffs are never a good choice. Let's go the extreme. What if China would be willing to send their material (cars, coal, oil, steel, whatever), would you recommend that we would not accept these products? You would refuse to receive good products at no cost? Of course this is never going to happen, but it shows just how stupid tariffs are. It is a lose-lose situation. The people of the importing country have to pay a higher price while the exporter gains less profit. Who is the winner? Nobody. It is just another tax on the people of both countries and leads to distortions in the market place.
Disagree, free trade has led to the hollowing out of the middle class. If we don’t get our trade policy in order we will continue to see the separation between the equity and productive classes. A lake of trade balance will lead to more poverty misery and unaffordability in the US
No, tariffs are never a good choice. Let's go the extreme. What if China would be willing to send their material (cars, coal, oil, steel, whatever), would you recommend that we would not accept these products? You would refuse to receive good products at no cost? Of course this is never going to happen, but it shows just how stupid tariffs are. It is a lose-lose situation. The people of the importing country have to pay a higher price while the exporter gains less profit. Who is the winner? Nobody. It is just another tax on the people of both countries and leads to distortions in the market place.
Disagree, free trade has led to the hollowing out of the middle class. If we don’t get our trade policy in order we will continue to see the separation between the equity and productive classes. A lake of trade balance will lead to more poverty misery and unaffordability in the US