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Trump wants a 45% tarrif on all Chinese imports good idea or bad?
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Won't happen. Because:
A) We would need to be prepared for China to issue a significantly higher tariff on us as well. Business community would strongly oppose that. B ) Major US businesses (say Walmart for example) would put so much pressure on their representatives in Congress to prevent this from happening so that there is not a rise in the price of the products that they sell that are manufactured in China (which is a lot of them.)
“It is the job of thinking people not to be on the side of the executioners.”
― Albert Camus |
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