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It certainly is not a new concept. We have been doing it since colonial times. Why did we all of the sudden decide to quit. The only way that we are going to be able to compete with countries like China is to put tariffs on imported products.
I certainly know the arguments agains such as higher prices at Walmart, but it would also mean more jobs. Paying lower prices is little consolation when you don't have a job.
We haven't quit. We still have lots of import tariffs.
And most people I know don't want to pay higher prices anywhere.. not just at Walmart.
I did not know it but Obama raised the tariffs on Chinese tires to 35%. According to this article that under an Agreement with China the U.S. can raise tariffs if certain conditions are met, which do not seem that hard to meet.
So you like paying higher prices for your tires and all other products that are delivered using vehicles with tires?
Without a job I can't buy any tires irrespective of how much they cost. The more exports the more jobs here in the U.S., the imports the less jobs in the U.S. That is as simple as it gets. Maybe a graph would be more helpful. The higher the graph goes the less probability that you will have a job. Is that clear enough.
Guess what? Our exports are practically non-existent today. Retaliatory tariffs aren't even remotely a concern, because at this point we don't make enough to keep ourselves in goods, much less have enough to export..
Your post is totally false.
If you travel around the world you would see a lot of American products in use everywhere.
We export more than a Trillion dollars of goods every year including billions in automobiles.
Without a job I can't buy any tires irrespective of how much they cost. The more exports the more jobs here in the U.S., the imports the less jobs in the U.S. That is as simple as it gets. Maybe a graph would be more helpful. The higher the graph goes the less probability that you will have a job. Is that clear enough.
Tariffs don't increase our trade balance. They just irritate trade partners and encourage them to put trade tariffs on our products. So then you have no increase in exports.
And the trade balance has nothing to do with our jobs and unemployment. If we increase exports and imports the same amount, we will have more employment but the trade balance will not change.
Did the research and even included graphs for your viewing pleasure in post 24.
The graphs support my post. We export trillions of dollars in goods. The post I responded to said we export very little, which is totally wrong.
Thank you for posting graphs that support my facts.
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