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FYI- If we want to lower inflation then tarrifs might do the opposite, it might increase prices instead!

I think it might increase gas, food, and goods like tv's etc.

Example! If we buy maple syrup from Canada and Canada has a tariff then Canada will increase their prices on Maple syrup and we have to pay more for that maple syrup!
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redredred · M
In the short run, possibly. In the long run it’ll spur domestic production, lower prices, build American jobs and increase security, both economic and military.
JimboSaturn · 56-60, M
@redredred The only problem is, can America make it's products cheap enough using higher waged American labour?
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Carazaa · F
@redredred American products are expensive. We will have less choices and higher prices!
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Carazaa · F
@redredred I'm not sure we will have those choices going forward!
Kwek00 · 41-45, M
@redredred
In the long run it’ll spur domestic production, lower prices, build American jobs and increase security, both economic and military.

If this would "lower prices"... then why was the US not competing with China before the tarriffs?

... or is the long term plan to impoverish your labor force even more, so that they reach Chinese levels of income and produce in work enviorments that are increasingly unhealthy and unsafe? You know, so that someone out there can import American stuff produced in a paradigm that equals a 3th world country.

Funny that a large part of the electorate was complaining about "high prices" before the election. But now a big part of that complaining electorate is okay taking even more damadge in the "short term" because they believe in some fantastical idea that might or might not materialise in the "long term". But it's 2025, and for a large part of republican voters, the perception of reality and history is extremely malleable and needs to serve the orthodoxy.
redredred · M
@Kwek00 it’s blindingly obvious. If the Chinese are willing to make a low quality product for less than American mfrs can, the public will buy Chinese. Twenty years later there’s no American manufacturer in that sector. The Chinese mfrs raise their prices because there is no competition. Tarriffs create a more level playing field to re-introduce American mfrs to the sector.
Kwek00 · 41-45, M
@redredred Is so blindingly obvious that you missed to answer my question. How is this going to "lower prices"?
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redredred · M
@Kwek00 I learned long ago that it is a better use of my time to teach algebra to my beagle than to try to teach economics to Kwek00
Kwek00 · 41-45, M
@redredred I'm sorry redredred, I read your responds again... I was wrong. It was so obvious that it just went over my head.

@Kwek00 it’s blindingly obvious. If the Chinese are willing to make a low quality product for less than American mfrs can, the public will buy Chinese. Twenty years later there’s no American manufacturer in that sector. The Chinese mfrs raise their prices because there is no competition. Tarriffs create a more level playing field to re-introduce American mfrs to the sector.

The prices will be lowered by tarriffs, that need to protect American compagnies from producers that produce at lower prices, that make Chinese products more expensive on the American markets.