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why does a screwdriver need to be made in china, or overseas....are Americans incapable of making a screwdriver now-a-days??
tariffs are a good thing
Problem is that even with tariffs, the chinese screwdriver is cheaper than the American one. Not saying it's good or bad, just observing the facts. It has nothing to do with Americans are capable of, or even what they are willing to do. An American on Chinese wages would starve to death before their other health issues killed them.
So the Chinese imported product goes up..........and what does your made in USA manufacturer do -- go ahead give you folks a minute to think about it. They raise their prices too. So then all the goods cost the same...lol. And we are back at square one.
Westinghouse lobbied Trump to raise tariffs on washing machines because they claimed they couldn't be competitive with Asian imports.
Trump did as they asked. So imported items went up -- and what did Westinghouse do -- raised their prices to the import prices...and because they could -- raised the price of dryers
You DO know that the whole point of tariffs is to get Americans to stop buying crap made in China ......
Right?
Walk into any Walmart.
Pick up pretty much anything on the shelves.
Look at the tag.
Wait I thought is was to balance the trade deficit and tighten intellectual property rights.
If it were just to stop buying Chinese made items..... you could do that without tariffs.
Oh yeah, you want to control what I buy.
That doesn't seem very American of you.
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Those increases of 5 to 7% (bike screwdriver) are ADMITTED by the manufacturers to be due to tariffs costs. But, on cue, I'm sure many here will disagree with what the VENDORS THEMSELVES CLAIM. After all, the vendors don't know as much as the web sites that the Right read.
Companies increase prices all the time and like accuse others why they increase the price!
so a bully steals your lunch money and wants more and you are willing to pay the increased ransom.
Remember the empire state bldg. lit up red and tallow to celebrate the 60th anniv of communist red china.
slap in the face of Americans.
Same people who whine about prices on junk items from china are the same people who elected Obama who promised skyrocketing energy prices. So you outrage about the cost of items made in china has fallen on deaf ears.
Yes if it was to get US to by American....raising the tariffs seems a round about way.
Trump and followers keep changing the goals if they don't score. The pain tariffs have caused the our economy just so the Chinese can't "win" is not worth it. We have an interactive world economy, in general terms you go for win/win agreements, not lose/lose.
The intellectual property issues ARE important, but dealing with it this way is doing nothing to solve it.
I DO think Trump will cave soon, so that's good. He'll proclaim it a win, but who cares at this point?
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And let's remember -- Hillary Clinton and Trump both campaigned on issues with China on intellectual property and an imbalance of trade.
What differs is the methods used to get there.
Trump thinks the tariffs are instrumental but I don't know. It seems China is happy to play along and bump up their tariffs to match. That doesn't seem very effective.
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