View Single Post
  #173  
Old 07-21-2018, 10:47 AM
Rajoo's Avatar
Rajoo Rajoo is offline
Senior Member
 
Join Date: Mar 2013
Location: Sierras
Posts: 14,206
Multinational companies will shift manufacturing to avoid tariffs on raw materials such as steel and aluminum (cars and appliances) leading to job losses permanently in these sectors. Companies forced to pay tariffs will now have increased costs and thus making their products less competitive losing market share, again leading to loss of jobs.

Trade wars intended for protecting jobs thus have the opposite effect. This is called losing, not winning.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
Reply With Quote