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dexter.ames
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The US just raised tariffs on Chinese goods
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dexter.ames followed this discussion
"The tariff increase inflicts significant harm on US industry, farmers and consumers," said Jacob Parker, vice president of the US-China Business Council, a trade group that represents American companies' interests in China."It will decrease the competitiveness of American companies, reduce the efficiency of their global supply chains, and reverberate through the US economy. Pure and simple, this is a tax on the American consumer," he added. So what is the use of raising the tariff if it's the US consumers who will shoulder it.
What benefit will US get from this trade war with China?
moll followed this discussion
One issue is the price of imported washers went up, so did the price of the ones manufactured in the USA. Also dryer prices increased but they aren't imported. Hidden issue is many companies buy sub-assemblies from China and do final assembly here so those will increase in price. This is where there will be job losses as well as already established in agriculture.
10 more people followed this discussion
One issue is the price of imported washers went up, so did the price of the ones manufactured in the USA. Also dryer prices increased but they aren't imported. Hidden issue is many companies buy sub-assemblies from China and do final assembly here so those will increase in price. This is where there will be job losses as well as already established in agriculture.
Finally someone gets it! The sub assemblies are gonna be the major issue. Lead times ate already crazy too.
prince.annicki, claudio.andrea, shahmir.khan and 7 others followed this discussion
Hmmmm US and China.
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Apple is parked right on the intersection. China could retaliate hard...but of not without costs.
More than 50 people have joined this discussion.
Good job, Trump. Stop China's expansion before it's too late.
He has no clue about business, family, humanity, decency, diplomacy, nor truth.
Change the tax laws. Provide incentives for the companies to produce in the USA and countries that are friendly to us.
More than 100 people have joined this discussion.
Increasing tariff on foreign goods that are available locally is a good one. It will bring more jobs.
Increasing tariff on foreign goods that are available locally is a good one. It will bring more jobs.
Tariff is paid by consumers not China.
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