I do not expect the TDS folks in the GOPe ranks, or the Democrats, to understand that for every international economic action there is an offsetting economic reaction. But the folks here at C&C will get it:
Trump's tariffs on China not only protected certain US domestic industries, they also reduced Americans' price on all goods imported …
I do not expect the TDS folks in the GOPe ranks, or the Democrats, to understand that for every international economic action there is an offsetting economic reaction. But the folks here at C&C will get it:
Trump's tariffs on China not only protected certain US domestic industries, they also reduced Americans' price on all goods imported from China - because those tariffs forced the Chinese to revalue their currency vis-a-vis the dollar, to keep sales going forward.
We have a name for people with an irrational loathing of Trump, but I see the just as irrational worship of Trump and ignoring/excusing all of the evil he did. Maybe they should be called DTS for deranged Trump supporters.
I heard people in manufacturing say though, that while the idea was good, Trump didn’t understand or account for the fact that after so many years of offshoring and importing, there simply weren’t any manufacturers of certain components or products left in the US. And for some it would take years to bring them back because the skills and competencies to make the products have been lost. In the meantime, while these need to be built back up, American companies that have no choice but to source from China had to pay a lot more because of the tariffs 😕 So, it’s complicated. A good initiative on its face but not as simple or immediately beneficial to domestic manufacturers as it seemed.
I do not expect the TDS folks in the GOPe ranks, or the Democrats, to understand that for every international economic action there is an offsetting economic reaction. But the folks here at C&C will get it:
Trump's tariffs on China not only protected certain US domestic industries, they also reduced Americans' price on all goods imported from China - because those tariffs forced the Chinese to revalue their currency vis-a-vis the dollar, to keep sales going forward.
We have a name for people with an irrational loathing of Trump, but I see the just as irrational worship of Trump and ignoring/excusing all of the evil he did. Maybe they should be called DTS for deranged Trump supporters.
yes, beware of ALL politicians and presidential aspirants; after all, they're POLITICIANS
I heard people in manufacturing say though, that while the idea was good, Trump didn’t understand or account for the fact that after so many years of offshoring and importing, there simply weren’t any manufacturers of certain components or products left in the US. And for some it would take years to bring them back because the skills and competencies to make the products have been lost. In the meantime, while these need to be built back up, American companies that have no choice but to source from China had to pay a lot more because of the tariffs 😕 So, it’s complicated. A good initiative on its face but not as simple or immediately beneficial to domestic manufacturers as it seemed.