Yes, taxes paid by Americans, with the raised costs passed onto consumers.
>>Tariffs are a good way to make cheap Chinese products have level pricing with American goods.
Otherwise known as higher prices for consumers.
>>Buy American anyway.
Lots of American goods are built with foreign material, thus the cost of American goods will rise as well.
>> And yes, higher tariffs on imported raw materials will probably raise American prices on some goods. Depending on the raw materials tariffed.
Prices will rise sharply, and Trump has proposed (or actually applied) blanket tariffs on all imported goods from select countries. If he gets his way, American consumers will be crushed.
Well, we'll see how the tariff situation raises or lowers prices. I don't believe it's going to be a jut in prices. True, many select products will rise in price; but ai do think overall basic commodity which we need will come down.
>>The tariffs will "raise taxes" on imports.
Yes, taxes paid by Americans, with the raised costs passed onto consumers.
>>Tariffs are a good way to make cheap Chinese products have level pricing with American goods.
Otherwise known as higher prices for consumers.
>>Buy American anyway.
Lots of American goods are built with foreign material, thus the cost of American goods will rise as well.
>> And yes, higher tariffs on imported raw materials will probably raise American prices on some goods. Depending on the raw materials tariffed.
Prices will rise sharply, and Trump has proposed (or actually applied) blanket tariffs on all imported goods from select countries. If he gets his way, American consumers will be crushed.
Well, we'll see how the tariff situation raises or lowers prices. I don't believe it's going to be a jut in prices. True, many select products will rise in price; but ai do think overall basic commodity which we need will come down.