For those who slept through economics class: Tariffs are paid by those who purchase the products, not by the country that produced them—meaning you will be covering the cost.
@RavenCutrereULC Also, you typically want to put a tariff on things that you already make in your own country.
The idea behind tariffs is if a country can completely undercut your otherwise-healthy industry, you make it artificially more expensive to buy the foreign product.
You don't switch to a service economy and get rid of manufacturing, then put a tariff in place for things you can't fill the demand for.
@RavenCutrereULC Benjamin Franklin was opposed to government interference in commerce.
@RavenCutrereULC
Many trump supporters seem to think prices would be lower under trump. I don't understand their reason for BELIEVING.
@JanetZumba_FalPals @RavenCutrereULC
. Could it be they are morons?
I initially said this to a Trump Supporter Troll of all people on Facebook.
They didn't just sleep through economics, but also civics, anatomy, English, algebra, band, history, and spent most of their days in After School Detention.