Thread Rating:
  • 2 Vote(s) - 4.5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
More tariffs paid by US consumers
#58
(06-11-2019, 01:10 AM)oncemoreuntothejimbreech Wrote: It is my understanding Trump inacted the tariffs on Chinese imports to combat a trade deficit. We have a trade deficit with China because we import more goods from China than we export. The reason we import more than we export is because corporations have moved the manufacturing jobs overseas. So how are Trump's tariffs on Chinese imports going to create manufacturing jobs in the US to reverse the US' trade deficit with China?

Short term, they don't.  Long term they force China to play by the same rules as everyone else.  There's a reason we don't lose manufacturing jobs to other first world nations.  Also, you completely ignore China's actions in the form of IP theft, outright piracy and currency manipulation.  Saying the deficit is solely based on China's pool of imprisoned/slave labor is over simplistic.





Messages In This Thread
RE: More tariffs paid by US consumers - Sociopathicsteelerfan - 06-11-2019, 02:28 AM

Forum Jump:


Users browsing this thread: 7 Guest(s)