05-15-2019, 08:27 AM
(05-15-2019, 08:13 AM)Au165 Wrote: Either way, in your example the tax disadvantage is your deterrent not the tariff itself. As I continue to say, tariffs do not work. The only way they will work is when foreign market workers demand similar wages as those in America when you factor in the transportation of the finished goods and time. The reason this will never happen is because there will always be emerging countries looking to take over that manufacturing to try and improve their economy.
Yup. This goes back to what I mentioned earlier about the only real impact on China. The tariffs are expediting a process that has already been taking place in which the manufacturing is moving to neighboring countries.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
