If Trump puts the tariffs on Chinese products then..
stuff is gonna get more expensive. i bet theyre gonna have a great holiday season of shoppers this year. what should i buy now lol?
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Penny · 46-50, F
Trump has suggested that he would lower the corporate tax rate to 15% for companies that move their production back to the US, thus exempting them from his tariffs.
https://www.cnn.com/2024/11/08/politics/tariffs-donald-trump-strategy/index.html
60% to china and 10% to all other countries
https://www.cnn.com/2024/11/08/politics/tariffs-donald-trump-strategy/index.html
60% to china and 10% to all other countries
ronisme1 · 61-69, M
@Penny moving factories takes time. Thinking about it sounds like a good idea. Are you prepared to go without toilet paper for 6 months. Of course not so it has to be imported and a lot more expensive. Lowering the corporate tax rate is supposed to save american companies a lot of money. And it does. The problem is the american companies dont pass the savings on to the consumer so they just pocket the money as more profits for them. Greed, corporate greed