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We give our middle class, technology, and superpower status to China; and we get cheap, poorly made products in return.
Is this a good deal for America?
I’m willing to lose the export market for soybeans. If Big Ag suffers a little, so be it.
Isn't funny the same people wanting things like more corporate taxes and mandatory pay increases that will be passed on to consumers are bent out of shape the price of Chinese products will increase by what is essentially a tax?
Isn't funny the same people wanting things like more corporate taxes and mandatory pay increases that will be passed on to consumers are bent out of shape the price of Chinese products will increase by what is essentially a tax?
Corporate taxes are not borne by the consumer. Corporate tax cuts are pure profit for the corporation. Tariffs are borne by the consumer. Learn how the market economy works.
Isn't funny the same people wanting things like more corporate taxes and mandatory pay increases that will be passed on to consumers are bent out of shape the price of Chinese products will increase by what is essentially a tax?
No, the complaint is that prices are going to go up but wages will not.
No, the complaint is that prices are going to go up but wages will not.
Obviously you don't understand the most basics of accounting.
If you keep margins the same while increasing the cost of production, what happens to price?
If you're able to answer that basic question, the lightbulb might come on.
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