The latest news is that Trump is going to impose a 10% premium on Chinese goods.
Given that most things made in the US are now made in China, S.Korea, Indonesia and Mexico this is only going to hurt the US people who are suffering from a loss of wages growth already.
If you put taxes on imports of raw goods into China that will just go around and out come higher prices.
- Forums
- Economics
- bombshell
The latest news is that Trump is going to impose a 10% premium...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)