Quote:
Originally Posted by G23
Its going to be a real shame that the masses will just have to learn that their days of mass consumption of ultra cheap, poorly made goods is over. Just think of the poor landfills that will have to sit empty or the rivers in China that will have to go without being filled with toxic production waste. Such a shame !
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You should change your handle to Marie Antoinette, she had a similar view of the masses.
Tariffs work when applied to commodities that are produced in the US already and need strategic support to flourish globally. Raising the tax rate on every single good imported into the US without regard to whether there is an existing manufacturing capability is a mindlessly idiotic idea.