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re: Trump's section 301 tariffs were successful. The data proves it.
Posted on 3/11/24 at 9:22 am to RogerTheShrubber
Posted on 3/11/24 at 9:22 am to RogerTheShrubber
I'm not a fan of tariffs. But I hate state owned business and welfare payments more. If used properly, yes tariffs can be used to protect businesses and keep business running and people off the welfare roles. One way or the other the American tax payer is paying for it. Might as well get a little production out of it by protecting business. If improperly used (see Smoot-Hawley) they can have very negative unintended economic consequences. But this goes for ALL taxes, not just tariffs.
2
Posted on 3/11/24 at 9:24 am to GumboPot
quote:
. But I hate state owned business and welfare payments more.
But thats what tariffs are, just welfare paid for by the American Consumer to help woke American corporations.
Its not the big corporations that suffer. Its the consumer.
This post was edited on 3/11/24 at 9:24 am
Posted on 3/11/24 at 9:27 am to GumboPot
quote:
One way or the other the American tax payer is paying for it. Might as well get a little production out of it by protecting business.
Its not sustainable for China.
IHere is the way I see it. If the Chinese want to subsidize American consumers, frick yeah...I will take it every day.
Its not sustainable, which is why you see economic issues in China now. Their economics dont work.
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