Comparison of Import Certificates and Tariffs:
I'm among the proponents of the Wikipedia's described version of an “Import Certificates”.
The policy's entire net costs are passed on to USA purchasers and users of imported goods which similarly can be done with a tariff policy.
Unlike tariffs, REGARDLESS of how small of price additions to USA purchasers of imported goods, this policy will extremely significantly reduce, if not entirely eliminate USA's chronic annual trade deficits of goods while increasing our domestic production and numbers of jobs more than otherwise.
Similarly to tariffs, this policies minimum sustainable net costs, (which are passed on to USA purchasers and users of imports) are at least the federal direct expenses due to the trade policy.
Unlike tariffs, this unilateral trade policy is substantially more sensitive to market conditions rather than government determinations and is substantially IMMUNE from retaliation.
Federal direct expenditures due to the policy are passed on as federal fee-rates to exporters of USA goods that choose, (not required to pay) in order to receive valuable transferable Import Certificates with face values equal to the assessed values of their shipped USA goods.
Importers of goods are required to surrender the certificates with face values sufficient to cover the assessed values of their goods entering the USA.
Surrendered certificates are canceled. The differences between the federal fee-rate and global certificate markets price-rates, serve as indirect but effective price subsidies of USA's exported goods at no additional cost to anyone.
Eventually, both tariff and Import Certificate policies entire net costs are paid as increased prices of imported goods to USA purchasers and users of imported goods.
Respectfully, Supposn
I'm among the proponents of the Wikipedia's described version of an “Import Certificates”.
The policy's entire net costs are passed on to USA purchasers and users of imported goods which similarly can be done with a tariff policy.
Unlike tariffs, REGARDLESS of how small of price additions to USA purchasers of imported goods, this policy will extremely significantly reduce, if not entirely eliminate USA's chronic annual trade deficits of goods while increasing our domestic production and numbers of jobs more than otherwise.
Similarly to tariffs, this policies minimum sustainable net costs, (which are passed on to USA purchasers and users of imports) are at least the federal direct expenses due to the trade policy.
Unlike tariffs, this unilateral trade policy is substantially more sensitive to market conditions rather than government determinations and is substantially IMMUNE from retaliation.
Federal direct expenditures due to the policy are passed on as federal fee-rates to exporters of USA goods that choose, (not required to pay) in order to receive valuable transferable Import Certificates with face values equal to the assessed values of their shipped USA goods.
Importers of goods are required to surrender the certificates with face values sufficient to cover the assessed values of their goods entering the USA.
Surrendered certificates are canceled. The differences between the federal fee-rate and global certificate markets price-rates, serve as indirect but effective price subsidies of USA's exported goods at no additional cost to anyone.
Eventually, both tariff and Import Certificate policies entire net costs are paid as increased prices of imported goods to USA purchasers and users of imported goods.
Respectfully, Supposn