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Trump’s Washing Machine Tariffs Stung Consumers While Lifting Corporate Profits
- Tsubasachan 8y agoThe American middle class is being kept alive with cheap Chinese goods. The entire US economy is based on consumer spending so when prices go up it will hurt.
- souprock 8y agoThat is a horrible justification for continuing to outsource American middle class jobs to China. Cheap trinkets are not worth the loss of jobs. That idea is an economy-killer and is the long-term death of the nation.
- SlipperySlope 8y agoProtecting domestic industries was a foundation principle of the Republican Party that made the USA great the first time. When AI is strong enough to model all individual economic decision makers then it will be clear that Free Trade is a world wide race to exploit the least cost labor.
- lifehacked 8y agoMy close friend is opening a gym, part of this includes purchasing these thick rubber mats from Chinese suppliers. The new tariffs made it unprofitable when buying from china. His equipment supplier is currently negotiating with a US supplier. My friend is fine with waiting a few weeks.
- js2 8y agoI think you mean horse stall mats, which you can find at Tractor Supply, etc. 4’ x 6’ x 3/4” vulcanized rubber: https://www.tractorsupply.com/tsc/product/4-ft-x-6-ft-x-3-4-in-thick-rubber-stall-mat https://www.tractorsupply.com/tsc/product/4-ft-x-6-ft-x-3-4-... The ones I have (I used a few in my home gym) were made in Canada. I’m surprised any of these come from China.
- rcchyssser 8y agoIts what they voted for.
- IXxXI 8y agoGood job citing 0.0001% of the negative effect Trump's tax cuts had, while ignoring the 99.9999% positive net effect.