Random
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

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?
This page is a permanent link to the reply below and its nested replies. See all post replies »
Alter4Ego · 56-60, M
It is likely that moving production back to the US from abroad will also be inflationary. It is simply cheaper to make them abroad. If they are made in the US prices will go up.
@Alter4Ego So will jobs and savings from workers able to save their savings. And banks can reinvest that. One thing is absolutely certain, bowing down to liberal nazis and keeping our economy offshore is a absolute disaster for everyone.
HobNoblin · 36-40, M
@Dignaga How they don't see this is beyond me.
Alter4Ego · 56-60, M
@Dignaga Your economy isnt offshore. It makes higher value, hitech and high margin goods.

Your economy on all the metrics I can see is at least doing very well.

I wasnt commenting on the politics simply the economics. Tariffs tend to be inflationary.

If your country repatriates the making of low value consumer goods they will be more expensive than those made in countries with lower costs.

Also if the imposition of tariffs creates more jobs the employees will have more money. They will spend more, demand will increase and so will inflation.
@Alter4Ego Ehat employees? We don't have employees. We have government workers. We want employees.
Alter4Ego · 56-60, M
@Dignaga arent you talking about repatriating manufacturing jobs .... or have you changed your mind?
Elessar · 26-30, M
@Alter4Ego Unless most of you want to work 12h/day for $2/h stuff is going to be more expensive

Or, either way, you won't have money to afford buying it at the current price

Welcome (back) to the real world