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Old 13.05.2019, 01:02
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Re: Will Trump be a Good President?

Quote:
Import tariffs are always paid for by the importer regardless of who that is, it is supposed to make it less attractive to import such goods while benefitting markets without such extra tariffs like the own internal market. Effected importers surely pass on the price, tho often only partially in an attempt to not lose to much of their total sales numbers and in the meanwhile the effected exporting country loses money and jobs.

C'mon people this is basic knowledge and should not even be a point of discussion.
Of course this is basic knowledge. The point that marton has made repeatedly is that Trump does not possess this basic knowledge. Trump has even stated that China has been paying billions to the US in tariffs. He is totally clueless.

It appears that the US tariffs are having little to no effect on imports from China. I don't know whether the retaliatory Chinese tariffs have slowed imports into China from the US.
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