Great a new massive tax on Americans that will adversely affect middle and lower classes. Tariffs are wealth destroyers.
We'll force the other countries to eat the cost of the tariffs and keep prices the same.
Sure we will.
I don't know why not, but I am told over and over that is not going to happen
When I moved to Maine 20 years ago, it had industry. Paper mills, shirt factories, shoe companies--good ones. Lots of stuff. One by one, they got shut out by cheaper imports. They couldn't compete. I'd love to see those jobs come back. It may be true that some of it is lost to automation, but there are humans in those foreign countries making those shoes and shirts and spinning the cotton, too, to make them. They are getting the jobs because they will work for so much cheaper.
Now, I don't know how tariffs are supposed to fix any of that--it sounds to me more like a tax on all of us. But if it does bring back a good economy to Maine, I'll be happy. I'd pay an extra 3 cents on the dollar for that to happen.