- Jul 2, 2003
- 151,988
- 19,707
- Country
- United States
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- Female
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- Baptist
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- US-Democrat
Tariffs are meant to raise the price of foreign made goods over American made goods. That is all good except when:Trump noted that tariffs were the means of funding the Federal government prior to the Income Tax Amendment, 1913.
There is a long history of tariffs in this country and it worked very well.
Tariffs are a better means of regulating international trade than treaties like NAFTA as tariffs are flexible.
Tariffs are Constitutional and have a long history in this country
1. we don't make the item in the US
2. The foreign country creates tariffs in response to US tariffs so that our products are not al all competitive with other countries.
This is how tariffs work - say Costco or Walmart wants to sell a certain item from China. They buy the product and then they pay the tariff associated with the item, NOT CHINA, and then they decide how much to charge consumers, passing on all or part of the tariff to the consumer.
It raises the cost for Americans for many products used daily..
Trump acts like the foreign country pays the tariff. They don't.
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