Dog Wonder
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Trumpbot
Tariffs
- Thread starter delldude
- Start date
WeAAsles
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- Oct 20, 2007
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I do believe eventually “some” of these costs that other Countries Companies incur will need to be passed on to American consumers. However if too much of those costs are passed on the Consumers (Supply and Demand) will look elsewhere to purchase those products. That will drive manufacturing directly into the USA 🇺🇸 to avoid those added costs.
Third World Countries that we buy from still have a major advantage by the fact that their Labor costs are so much less than what we demand here though. And that’s also why those Companies will eat the majority of those Tariffs.
Now any price rises will be greatly negated by the rise of the Stock Market which intelligent Americans 🇺🇸 should heavily invest in.
Lower Taxes and higher profit margins for American Manufacturers also incentivize wage increases for workers just as much as a battle to hire a thinning pool of applicants. Workers also benefit from supply and demand in what they can expect to be paid.
Third World Countries that we buy from still have a major advantage by the fact that their Labor costs are so much less than what we demand here though. And that’s also why those Companies will eat the majority of those Tariffs.
Now any price rises will be greatly negated by the rise of the Stock Market which intelligent Americans 🇺🇸 should heavily invest in.
Lower Taxes and higher profit margins for American Manufacturers also incentivize wage increases for workers just as much as a battle to hire a thinning pool of applicants. Workers also benefit from supply and demand in what they can expect to be paid.
Dog Wonder
Veteran
Trump has already forgotten yesterday, how is he going to keep track of trade deals?
Dog Wonder
Veteran
Can’t derail that Trumpbot.
