Tariffs DO raise prices: That is the point!

Discussion in 'Politics' started by jwoodie, Aug 14, 2019 at 11:59 AM.

  1. jwoodie
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    jwoodie Gold Member Supporting Member

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    If you want Americans to reduce their purchases of Chinese products, tariffs are the best way to do it. There will be a slight increase in the retail prices of these products (tariffs are applied at the wholesale level), but consumers can mitigate this effect by switching to other products.

    So why all the hoopla about "punishing" American consumers? Does anybody believe that we will be better off by preserving the status quo?
     
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  2. Billy_Kinetta
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    Billy_Kinetta Paladin of the Lost Hour Gold Supporting Member Supporting Member

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    Check the label. Do your bit.
     
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  3. Meathead
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    Meathead Gold Member

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    Tariffs do not necassarily raise prices. The exporter has the option of cutting the cost of the product to stay competative in the market, which of course effects it's profits.

    But yeah, I get your point.
     
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  4. william the wie
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    william the wie Gold Member

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    what will be hurt are Pacific seaports but I don't see that as a problem
     
  5. justinacolmena
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    justinacolmena Senior Member

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    The federal government once depended on tariffs as a source of revenue, before personal income taxes were authorized by constitutional amendment.

     
  6. Taz
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    Taz Gold Member

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    I would simply bar ALL Chinese goods from coming into the US.

    VOTE TAZ IN 2020!! :biggrin:
     
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  7. Augustine_
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    Augustine_ Member

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    TFW a conservative applauds taxing people to stop them from doing something
     
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  8. candycorn
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    candycorn Alis volat propriis

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    Conservatives it seems now...are for higher taxes.
     
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  9. Stormy Daniels
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    Stormy Daniels Gold Member

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    So, it's government interference in the open market. Got it.
     
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  10. ph3iron
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    ph3iron VIP Member

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    My daughter who has a $150mm business based on imports doesn't think so.
    She buys just as much as ever.
    There is no us equivalent
    It's just 20 % more to her customers.
    The cons Chinese will pay for it is the same as the Mexicans will pay for the wall.
    We are paying
     
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