Trump's Tariff on China - what's the truth?

Poll - Total Votes: 22

Agree with Trump on the Tariff

Disagree with Trump on the Tariff

You can only vote on one answer.

I am confused about Trump's tariff on Chinese goods. Trump declares that the tariffs are absorbed by the Chinese and that it has no effect on the American consumer. American retail companies say that this is not the case. Prominent economists from major banks and universities also say that this is not the case.

Retailers and economists agree that prices on the Chinese goods sold here in America will increase and this means more cost to the American consumer.

Trump says that both the retail industry and economists do not know what they are talking about. He has more expertise than these groups because he is a billionaire businessman and he knows how to make a deal ... and that millions of his MAGA followers agree with him.

I don't think that because his millions of followers support him that this negates what the American retailers and economists are claiming. Nor does it follow that just because one can make deals means that one is an expert with such complex subjects such as trade economics, market supply and international currency exchange.

Has our country finally reached the point that we believe a demagogue over facts coming from the evidence provided by experts?

If this is so, I'm genuinely concerned. This is beginning to take on more and more the aura of 1938 Germany.

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Brianthesnail · 56-60, M

It has a big effect on American businesses, who are going bankrupt or shifting their production to Vietnam or Eastern Europe with all the associated risks and costs.

samueltyler2 · 80-89, M

@Brianthesnail worse for the rest of the world, it is having global effects. Like it or not, the economy we live in is a global economy, so that the effects of the tariffs are devastating and will probably last far longer than their even existence.

Brianthesnail · 56-60, M

@samueltyler2 bad but not devastating.
You know the saying that when two dogs fight, a third runs away with the bone . . ?
US and China's self-inflicted loss is not so bad for the rest of us

samueltyler2 · 80-89, M

@Brianthesnail Just wait, there is the delayed effect. If both the China and US economies go towards a recession, what do you think the effect on the rest of the world will be?

Brianthesnail · 56-60, M

@samueltyler2 long term, probably negative. You are right.

But hey , let's enjoy the bone for now 😀

samueltyler2 · 80-89, M

@Brianthesnail now you sound like the likes of traitor trump and the other nationalists. Let us pull in as much as possible and damn the world. Isnt that also the attitude of the climate deniers?

Brianthesnail · 56-60, M

@samueltyler2 no, I firmly believe that nationalism and patriotism are the root of all evil. That is why I love it when populist leaders fail.
And if others can benefit from those failures - albeit temporarily - it is so much more enjoyable .

samueltyler2 · 80-89, M

@Brianthesnail sorry then, I misinterpreted what you wrote.