Forum Discussion
1968mooney
May 27, 2019Explorer
noteven wrote:
....
...In a nutshell, NO ONE WINS except for the governing body that imposed the Tariff.
The consumers lose, businesses lose.
Historically Tariffs have always ended up hurting the country that places it, not the originating country of the goods.
The cost eventually is bore by the consumer as the business importing the goods is forced to pass on the increased cost to the consumer. Business importing is is the business to well, make money, they can't absorb the increased cost so it is the end consumer that winds up paying the "tariff" (it ultimately IS A TAX!).
ding ding! We have our winner!
You are not insunating our President would lie to us, are you. :S
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