Trump’s Import-Tariff Proposal Would Cut 0.7% From US GDP, Study Says

[*Nately120*]

(08-29-2023, 09:11 PM)SunsetBengal Wrote: That's a bit short sighted.  Sure, there may initially be a reduction in GDP, but over time the price increase would make American producers more likely to claim a bigger market share, thus resulting in bigger GDP growth.  Gotta see the forest through the trees..

Maybe, but the plan may be to kick the growth down the road long enough that the minor players run out of money and drop out of the market so the biggest fish get a bigger slice of the pie.  Do fish eat pie?  That's not an ideal comparison.