President Donald Trump will announce Friday a host of new tariffs on Chinese imports, a Monday report from The Washington Post claims.
Trump’s China-specific plan, totaling an estimated $60 billion annually, goes far beyond the $30 billion plan White House staffers presented to POTUS last week and would allegedly make good on his “America First” campaign promises.
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Does this mean someone (investors) are going to rebuild production plants in the US?
ReplyDeleteHow can the US import less products, unless it is prepared to produce more products?
Who are the investors in the US labor market?
Perhaps we are just going to pay more for the Chinese products we consume?
ReplyDeleteWill the US Government simply benefit from a tax on the products we all purchase at Walmart (China's Great Wall - Mart)?
There goes your $800 tax cut.
ReplyDelete