Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If they don't absorb the cost of the tariff and keep the product competitive , we shop elsewhere for a cheaper product. It can't always be passed onto the consumer at a higher price. No one will buy when the product can be found at a cheaper cost. We have choices.
So another country steps in and prices it at just under the Mexico price with the tariff. Prices still go up and no new jobs created in the US.
And that's one of the secrets of the rich. That is, instead of buying a $200 Seiko watch every few years they buy a $3000 Omega watch that lasts for 30 years and still retains some if its value in the end.
Candidate Obama said he would do something similar and then forgot all about it when he became president.
It was one area I agreed with him on (unfortunately candidate Obama forgot about nearly everything I agreed with him on once he became president Obama).
Specifics are important but I supported then and support now charging American companies more when they move jobs to another country.
proof or you made it up and thus are the loser on all topics for 2 days. PERIOD (if spicer can do it so can I)
He did not state whether this is for companies moving abroad now or those who already have or both. Maybe tonite we will find out.
Awesome, that is the one thing I was unhappy about with the new tax plan. I wanted to see corporations discouraged to send work over seas, for those that didn't they get a tax break. He handled it a different way.
Sure, in the short term this might hurt. Prices might go up, in the long run it is going to make our country stronger. Couple this with him devaluing the dollar and other countries might look to us for their work.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
