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MineralMan

(146,286 posts)

3. And then, if China reacts with retaliatory tariffs on US products,

Reply to Yo_Mama_Been_Loggin (Original post)

Sun May 12, 2019, 03:22 PM

May 2019

sales of those products will tank, which will affect US businesses, particularly agricultural and manufacturing. The result will be damaging to the US economy far more than the Chinese economy.

Trump is an idiot!

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Kudlow contradicts Trump, says China isn't paying tariffs on goods going into US [View all] Yo_Mama_Been_Loggin May 2019 OP

The shame of it is that this is economics 101. ooky May 2019 #1

I don't think it even rises to the level of economics matt819 May 2019 #4

Yeah, its elementary in either case. ooky May 2019 #7

Exactly. As kids, we were told what a tariff is and who pays for it stopbush May 2019 #12

Exactly. ooky May 2019 #15

This seems to reveal trump's grasp of economics. Turbineguy May 2019 #2

and the grasp of many of his ignorant supporters. ooky May 2019 #6

And then, if China reacts with retaliatory tariffs on US products, MineralMan May 2019 #3

True statement my friend. Wellstone ruled May 2019 #5

The asymmetry's apparent, not real. Igel May 2019 #14

And as these Markets go away, Wellstone ruled May 2019 #16

trump is even dumber than imagined or he knows he can lie all he wants to his deplorables. spanone May 2019 #8

Tariffs are not necessarily a bad thing. Caliman73 May 2019 #9

But are the tariffs on goods from China Cold War Spook May 2019 #10

Not sure. Perhaps the information is out there. Caliman73 May 2019 #18

Yeah, but matt819 May 2019 #13

True. That seems like a different problem then tariffs though. Caliman73 May 2019 #17

It's a double whammy of regressive conservative policies... Wounded Bear May 2019 #11