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Well the purpose of the tariff is to control US Americans to rely less on foreign goods. So of course to control something you would enact policies that affect
by threethirtytwo 10mo ago
Well the purpose of the tariff is to control US Americans to rely less on foreign goods. So of course to control something you would enact policies that affect the thing you’re trying to control.
If the importer took on most of the burden that would defeat the purpose of the tariff.
- _diyar 10mo agoThe report states that US customs revenue surged by $200Bn (of which the US consumer pays 96%). That does not breath confidence into the idea of lower reliance on foreign goods.
- gordonhart 10mo agoYour conclusion is a non sequitur. Of course Customs revenue boomed, that’s what tariffs do. To assess impact on the country’s reliance on foreign goods you’d need to see how the volume of foreign imports changed over time.