Safiel
August 7, 2020, 11:24pm
1
A recent study indicates that after roughly one year of higher tariffs, domestic washing machine prices rose by $86 and dryers increased by $92.
Est. reading time: 3 minutes
Before anybody says “libs.”
This is the HERITAGE FOUNDATION.
The article concentrates on cronyism, but implicates protectionism as well.
I concur with the article fully.
Oh, and by the way, they also ripped the steel and aluminum tariffs.
200 jobs cost American consumers $200 million.
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Protectionism is good sometimes.
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WuWei
August 8, 2020, 12:14am
4
What’s bringing manufacturing back worth?
2 Likes
Safiel
August 8, 2020, 12:26am
6
The government simply can’t “force” manufacturing back.
WuWei
August 8, 2020, 12:40am
7
Agreed, but he can let them know he’ll help them when they make the right decision.
I was looking at some clothes today, nice, but quite a bit more than I usually pay. I couldn’t figure out why. Then I saw it; “Made In The USA”
I’ll save for a while longer.
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NebraskaFootball:
When? Good for whom?
It worked wonders for Japan. Second biggest economy in the world until China displaced it.
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Exactly. Better to put the increase into the pocket of an American worker than into the pocket of that same person thorough a welfare check.
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4 Aug- Offices of Ukranian oligarch are raided by the FBI in Cleveland and Miami.
6 Aug- Trump is filmed stating “So, I have a lot of enemies out there. This may be the last time you see me for a while” as he stands with laundering machines behind him.
Apparently it’s good for all the other countries who issued tarrifs against US goods.
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And it’s working for China now, too!
conan
August 8, 2020, 1:50am
14
Or part of profits to Chinese government.
WuWei:
Norway uses tariffs.
and those tariff are paid by Norway Citizens.
Tariff and export tax are not the same thing.
WuWei:
I was looking at some clothes today, nice, but quite a bit more than I usually pay. I couldn’t figure out why. Then I saw it; “Made In The USA”
I’ll save for a while longer.
I too, am willing to pay more for American made goods, plus IMH, American made goods are of a higher quality. That being said, there are people who subsist on cheap imported goods. Buying a $6 tee shirt from Walmart beats a $40 one from Nordstrom’s. In fact, most are hard pressed to even find clothing made in the USA.
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