Tariffs are a fee put on foreign products imported into the US for sale to Americans. Their purpose is to help american producers compete with cheap foreign goods. they do not increase the price of american goods sold in america. If you insist on buying Chinese goods you will pay a tariff. The way to avoid that is to buy american made products.
For example: Italy puts a 100% tariff on Harleys sold in Italy. Why? so Italians will buy Italian motorcycles. its simple and it works. It amazes me how the left is unable to understand this simple concept. Foreign countries have been putting tariffs on american goods for years. Trump is merely doing the same thing to them.
If you hate tariffs, the fix is simple: Buy American.
One example that shows your example is wrong...
Shoe industry. The American shoe industry at this time, has a manufacturing base that can manufacture up to 25 million pairs of shoes to satisfy our market and demand.
The other 2.5 billion pairs of shoes sold a year to Americans, are imported from foreign countries.
This line of yours that PRETENDS like there is a choice to buy American and then we won't have to pay the much higher price for shoes is simply IMPOSSIBLE, because there is no longer a manufacturing base in the USA to serve our demands. And this is the case with many products made overseas.
For the shoe industry, it would take 20 years to build up a shoe manufacturing base, in America, to meet our needs.
And ONE thing you are leaving out....even with tariffs on imports, US Manufactured shoes, still retail higher than overseas imported footwear....
So you are forcing inflation higher, American made goods cost a lot more to manufacture, so their retail prices are just as high or higher than what the shoe would cost, even if their tariffs were raised to 100%.
No matter what, tariffs cause all goods, to go up in price and brings higher prices to us, whether paying the higher tariff on goods or paying the American factory price...inflation.
Trump is NOT doing Tariffs as reciprocal tariffs on goods the foreigners put high tariffs on us for...that would be smart policy....
He is throwing out all of these ridiculous high tariff rates for the entire country then reneging, then reissuing, then reneging again, then by this cut off of the deal date, then the date extended...
ABSOLUTE CHAOS....
No business can plan their next season's buy and business that way.... It's absolute madness!
