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Trump advises he will reintroduce the original 20-80% tariffs on every country in 3 weeks

So it's goodbye all imports into the US, if the item you want isn't harvested by an American, using American equipment and processed in an American production line also only using American equipment, in a company that only sells in America, it's going up in price
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dale74 · M
Where is it day the equipment has to be produced in America haven't seen that. Future equipment would have a import fee but that is nothing in a big picture quit your fear mongering.
plungesponge · 41-45, M
@dale74 if the business has to import the equipment from overseas, they will pay the additional tariff and pass the costs to the customer
dale74 · M
@plungesponge yes going over in the future but a tariff on a piece of equipment that makes a product is not that big of a deal I mean let's just say you're buying a million dollar piece of equipment and now you have to pay let's just say 100% care so now it's going to cost you $2 million dollars to buy that piece of equipment but that piece of equipment is a small fraction of your cost for your product that you are selling to the customer in the end
plungesponge · 41-45, M
@dale74 that's under the simplistic assumption that you just need one big repurchase of the equipment. Equipment has consumables, chemicals, parts, usually all made in China. Your printer might double in price, but your ink doubles in price too. The electricity being used, that also relies on parts from overseas, so that doubles too. Every input, item, chemical that has to cross the border at some point goes up.

Here is a pro Trump guy explaining what your iPhone scenario looks like, so you can see this is not a political view, this is just economics and logistics
[media=https://youtu.be/gGoynJUAQpM]
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