Question by Progressives are thieves: Don’t tariffs just cause inflation instead of making American production cheaper?
Tax and regulation cost reduction is the only thing making American goods cheaper. Otherwise all costs go up and no one benefits except on necessities like food. Even then Americans switch brands or food to unhealthier cheap Mac & Cheese type foods.
Remember how Japan & Toyota put voluntary limits on imports and GM just jacked their prices in response. They made record prfoits instead of gaining market share.
Matthew D – What the hell are you talking about?
Answer by Matthew D
If that were the case; how on earth would profit and investment even exist?
Know better? Leave your own answer in the comments!