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Just wait until China places retaliatory tariffs on corn, soy beans and pork produced by US farmers as they did in 2018.
It might reduce the trade deficit and also reduces the GDP. Another lose lose situation.
That's great, if the same or equivalent product is made domestically and cost the same or less or is of better quality than the imported item. If...
The $800 personal de minimis exemption of customs, duties and regularly documentation on personal overseas purchases has been eliminated. What...
How are tariffs, eventually paid by the consumer going to be less, if implemented? Be ready to pay even more for your next car. The whole car...
Same here, but material and goods that I purchased years ago will have greater sales value due to inflation and the coming tariffs.
I'm going on a buying spree on Amazon for anticipated future needs of imported items expecting that their prices will likely double.
The factories in China are feverishly working overtime to produce orders to ship before the new tariffs go into effect.
They can't make things in the US as cheap as in China. Made in USA may cost as much as 5-6 times as made in China. Even if the tariffs double...
No, the importer pay the tariff and adds it to the consumer. It is the same as the value added tax as they pay in Canada.
That's the new national sales tax that the new administration will call tariffs.
