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Reply to "Trump's tariffs are going to make new cars cost $6k more. "
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[quote=Anonymous]It's funny how all the questions these Republican congress people are getting about the stock market but the discussion should be about the economy not 401k portfolio's. 25% tariffs on Canada/Mexico, 50% tariffs on China/Vietnam. These tariffs are going to make everything unafforable for consumers and put lots of buisnesses that depend on cheap goods from asia overseas. Tariffs isnt why manufacturing went overseas but the fact a Chinese workers makes $3.50 /hr vs $20 /hr for an American worker. Trump is alsl not factoring in the revenues US firms make overseas selling locally (Build Locally/Sell Locally) - if you do there is no trade defict.[/quote]
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