(11-25-2024, 08:49 PM)TDOSS Wrote:

(11-25-2024, 05:21 PM)jagibelieve Wrote: So if a company such as Walmart normally pays $10 for a widget made in China (or any other foreign country) vs. a widget made for $15 here in the U.S.A and a 100% tariff is imposed on foreign made widgets, which one would Walmart purchase to sell?

That's the idea of tariffs.  A company isn't going to buy the same widget for twice the price ($20) to sell and pass that cost onto consumers, they are going to buy the less expensive one ($15) made in the U.S.A, advertise that it's made in the U.S.A and sell the widget that might cost a consumer a little bit more than the Chinese made widget.

Yes, prices might rise just a bit, but that extra cost supports companies/business in the U.S. and in turn supports good paying jobs in the U.S.

Would you be referring to widgets made in the CHIPS program, which is slated to be cancelled?

Some products are simply not made here, and our Speaker is bound and determined that they will not be made here.

On top of that, corporations will pay attention to the companies burned by the CHIPS cancellation, and will be reluctant to get involved in any future projects.

(11-26-2024, 09:32 AM)Jag149 Wrote: Well Rubbermaid management made a basic, but terrible mistake. One of the first things taught in business schools is not to become dependent upon one company for you survival. were they relatives of you?

Yep, that's what is taught NOW - using Rubbermaid as an example.

It's also why many Canadians would like to see the Canadian economy just a wee tad less dependent on the United States of America.

Fortunately for those Canadians, Daddy Donald has announced that he will be taking concrete steps to help ensure that that happens.

Quote:Actually, Canada still charges more one US goods imported into Canada. The variance is about half. Curiously when approached Biden left them in place.

If you had ever given any indication that you might actually have some vague understanding/knowledge of what you are posting, I might even consider that post to be slightly less laughable than it actually is.

Quote:LOL, so you are the smartest person in the room? Cool. Good thing there are no other people in there with you.

Nope, just smarter and more informed than you are.

Quote:More worthless and random stuff

As are the majority of your posts.

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