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re: Protectionism is not the answer
Posted on 2/24/17 at 10:19 am to doubleb
Posted on 2/24/17 at 10:19 am to doubleb
quote:
I'm also a proponent of free trade, but when your trading partners and your trading opponents play by different rules like dumping product, like devaluing their currency and by under cutting your businesses through their governments; then we have to fight back somehow to level the playing field.
There exists today literally tens of thousands of US tariffs on imported goods imposed over the years as "anti dumping" tariffs.
A 25% tariff as Ryan proposes and Trump supports will bankrupt my business and create a monopoly for the products I make as there is only one US manufacture of the product I import to make make my products and to construct a plant to make that product could not be done with today's regulation.
1
Posted on 2/24/17 at 11:15 am to I B Freeman
quote:
There exists today literally tens of thousands of US tariffs on imported goods imposed over the years as "anti dumping" tariffs. A 25% tariff as Ryan proposes and Trump supports will bankrupt my business and create a monopoly for the products I make as there is only one US manufacture of the product I import to make make my products and to construct a plant to make that product could not be done with today's regulation.
Does this mean there should be no tariffs?
And on its face value, I would join you in opposing this new tariff. The idea shouldn't be to put one company in control.
Good luck in fighting that.
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