Tickerguy
211k posts, incept 2007-06-26
2024-11-07 15:48:59
In that situation, why doesn't the foreign company bring their manufacturing into the US sell for $1,000, not pay the tariff and now there's competition in that situation. Since the cost obviously can be met by the domestic producer it's entirely reasonable to believe that the competition would drive price down.
That situation is actually deflationary because now you're going to have more tax revenue coming into the government. Therefore the deficit is smaller.
----------
"Perhaps you can keep things together and advance playing DIE games.
Or perhaps the truth is that white men w/IQs >= 115 or so built all of it and without us it will collapse."
RSS available