Im a proponent of a transferable Import Certificate, (i.e. IC) policy to prevent our assessed imports from exceeding our exports.
Values of specifically listed scarce or precious minerals integral to goods are excluded from their assessments.
Importers requirement to surrender ICs to cover the value of their goods entering the USA is the proposals only mandate; all else is voluntary and all expenses are eventually and entirely paid by U.S. purchasers of foreign products.
This proposal may seem to be a boon to U.S. product exporters but its actually an indirect and effective export promotion.
Refer to next message, A nations trade deficit is always a net economic detriment
and to the topicWarren Buffett's concept to significantly reduce USA's trade deficit,
posted @ 8:10PM, August 30, 2009.
Respectfully, Supposn
Values of specifically listed scarce or precious minerals integral to goods are excluded from their assessments.
Importers requirement to surrender ICs to cover the value of their goods entering the USA is the proposals only mandate; all else is voluntary and all expenses are eventually and entirely paid by U.S. purchasers of foreign products.
This proposal may seem to be a boon to U.S. product exporters but its actually an indirect and effective export promotion.
Refer to next message, A nations trade deficit is always a net economic detriment
and to the topicWarren Buffett's concept to significantly reduce USA's trade deficit,
posted @ 8:10PM, August 30, 2009.
Respectfully, Supposn