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re: Trump said he's prepared to raise tariffs as trade war with China heats up

Posted on 7/20/18 at 4:22 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124439 posts
Posted on 7/20/18 at 4:22 pm to
quote:

no such thing as counteracting a foreign tariff via a domestic tariff.
Well nitwit, that's where you and I will once again disagree.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 7/20/18 at 4:28 pm to
quote:

Well nitwit, that's where you and I will once again disagree.

Wow, touchy.

Disagree with my statement all you like, but you're not standing on any solid ground if you do so.

Domestic protectionism like a tariff cannot strictly counteract a foreign tariff. There is no actual economic theory that even suggests otherwise.
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