Prices on most things Made in China haven’t gone up anywhere near the ~40% duty rate
Glotto_Gold on
We do, but most education doesn’t stick
conicalanamorphosis on
These tariffs only negatively impact exporters to the extent they are dependent on sales in the US. Given the rate at which global markets are changing, that is a rapidly declining dependency. And yes, basic Econ should be taught to everyone, but don’t assume that guarantees everyone will understand it.
JessicaDAndy on
Technically, tariffs are supposed to slow down sales of foreign made goods in relation to domestic goods.
So it would be punishing European, and British, manufacturers by directing sales away from them.
But if Americans can’t afford domestic or foreign goods due to everything else, tariffs don’t really matter to European, and British, manufacturers.
(I am not a Brexit fan.)
musket2018 on
With the way the UK is going after speech I don’t know if enjoying basic civil liberties is the line to use here
RustDeathTaxes on
We do. I teach history and we even discuss tariffs with Smoot Hawley. The issue is that Trump and his ilk coast through school. Their parents made donations and they sailed through.
7 Comments
It’s too late for that
Prices on most things Made in China haven’t gone up anywhere near the ~40% duty rate
We do, but most education doesn’t stick
These tariffs only negatively impact exporters to the extent they are dependent on sales in the US. Given the rate at which global markets are changing, that is a rapidly declining dependency. And yes, basic Econ should be taught to everyone, but don’t assume that guarantees everyone will understand it.
Technically, tariffs are supposed to slow down sales of foreign made goods in relation to domestic goods.
So it would be punishing European, and British, manufacturers by directing sales away from them.
But if Americans can’t afford domestic or foreign goods due to everything else, tariffs don’t really matter to European, and British, manufacturers.
(I am not a Brexit fan.)
With the way the UK is going after speech I don’t know if enjoying basic civil liberties is the line to use here
We do. I teach history and we even discuss tariffs with Smoot Hawley. The issue is that Trump and his ilk coast through school. Their parents made donations and they sailed through.