Reply to Trump tariffs: ruin U.S. economy until 2040

Forum Index » Political Discussion

Reply to "Trump tariffs: ruin U.S. economy until 2040"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Why aren't Democrats supporting tariffs?[/quote]

Because we like free trade. It encourages competition. It also helps our diplomacy, soft power made us rich and influential.

There are other mechanisms that the government uses to help industries like antidumping measures. If an item is “dumped” with too low prices in the US market, the industry can file suit. We go to the country, examine their books, and the create a rate for the country based on those books. Other countries may be in it, so they would get their rate, based on the average of their books. (They usually examine several companies, usually top producers.)

Also, expect price gouging. Trade helped keep the US market from price gouging. If you expect these billionaires to do the right thing, look at the prices of things that we don’t get from overseas: banking rates, cable channels, water, electricity (in some markets), media, etc.

Competition is good for consumers. Take the lightbulb. US manufacturers thought their product was too good, so the competition came together and decided that they would all like to see more $$, so they changed the filament to make it wear out faster. So you’d have to buy more. Planned obsolescence was invented. If one company doesn’t do engage in such a manipulative practice, then you have a choice as a consumer. 
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics