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> Isn't this essentially "we're closing borders"? Even if Chinese goods becomes twice as expensive, many are still cheaper than what you can buy in the US (if
by lawn 2y ago
> Isn't this essentially "we're closing borders"?
Even if Chinese goods becomes twice as expensive, many are still cheaper than what you can buy in the US (if they're even made there).
Some businesses just don't have a choice, or they'll go bankrupt.
- vdupras 2y agoYes, but we see that the "raising" logic is in place. Whoever stops raising the tariff "loses face". So they'll raise them until... infinity?
- re-thc 2y ago> So they'll raise them until... infinity? We got to follow the formula. So when US no longer has a trade deficit with China, we'll be back to 10%.