Ni> I'll admit I'm not entirely familiar with what has been in place
Ni> already, but I've seen a lot of discussion about people worried the tariffs
Ni> will increase prices of goods (which will hurt the US, as you said). Not
Ni> so much discussion about righting wrongs.
Its the reason that the US buys all our goods from China and other places. Its
why our furniture doesn't last 50 years anymore. Its the reason countries across
oceans don't drive American made cars - but we're not supposed to do the same to
them? Just doesn't make sense to me.
Ni> Which existing tariffs, specifically? Canada has enacted NEW tariffs in
Ni> response to the tariffs Trump has enacted, and Mexico has done the same.
China's 15% tariff on US cars
India's 60-100% tariff on US vehicles
India's regulations and certification process that stifle American export
China's 8-15% tariff on lumber
Mexico's tariff on steel, pork, cheese
Japan's unique safety and environmental standards that stop US vehicle imports
South Korea's 8% on vehicles (but many US automobiles are exempt from this
because of KORUS, Korea free trade agreement)
VAT taxes across Europe
... and people are making it sound like Trump is just pulling %s out of his ass,
when he literally has a team of people giving recommendations for reciprocal
tariffs; I agree that tariffs will have us paying more until we figure out
supply changes, and that businesses (mine included!) who import are going to
feel it on day 1 - but I think these countries are going to feel it much more
and will be forced into lowering their tariffs. Thats the point - at which point
American businesses will be able to export again.
Made in the U.S.A. used to mean something - and it will again.
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