Trump’s 10 percent tariff on Chinese goods will not bring jobs back to the U.S. But they will raise prices at Dollar General to Dollar And A Dime General. If dimes still exist. In order for U.S. products to replace Chinese products, the tariff would result in Two Dollars And Fifty Cents General.…
Online home of The Freeman's Journal and Hometown Oneonta
Advertisement
tariffs
Trump imposes 25 percent new tariffs on our nearest neighbors and allies, Canada and Mexico. Really?? Canada has helped us fight fires, fight wars, and died with us, worked with us on immigration…and Trump punishes them, and US!…
Think about your life. Tariffs will be added to what you pay for items. Your food (fruits, vegetables, meat, coffee, tea, chocolate) is imported and will be subject to tariffs. Medicine, medical machinery, machine parts, building material, wood, wood chips, car parts and computer chips are all imported.…
Both Biden and Trump are trade protectionists, which means they are willing to put tariffs—taxes, essentially—on imported items. Tariffs make imported items more expensive, which is supposed to create more reasons to produce those things in the United States. Do tariffs produce such magic? To answer, it’s important to first understand how international trade works.…