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Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs

#30
(This post was last modified: 11-25-2024, 11:57 PM by Jag149.)

(11-25-2024, 11:50 PM)flsprtsgod Wrote:
(11-25-2024, 11:40 PM)Jag149 Wrote: What could be done is to reduce the corporate tax to offset the tariffs. with conditions of course. The dance is to balance everything. In that situation the country paying he tariff would be paying a tax. The EU and other countries have been doing that for a long time to us. How the heck do you think they have been financing their social programs?

That really assumes that the corporation would lower prices because their tax burden went down. I sincerely doubt such a thing would happen.

This is why Bessent was a good pick for Treasury he is well respected on Wall Street.  Like I said all this is like trying to tell the future. My crystal ball is just not that clear. I am in wait and see mode.
A new broom always sweeps clean.
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RE: Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs - by Jag149 - 11-25-2024, 11:57 PM



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