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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: research1234 who wrote (378056)	7/23/2018 3:30:26 PM
From: ryanaka	Respond to of 544190

a lot of it by US-owned companies in China, plus the intermediate products and raw materials that the companies in US buy to assemble or make final product to export. The kind of tariff Trump imposes will drive up the cost of US-assembled products. Carefully assigned tariff would only be on the final products only so that only the consumers pay higher prices but not the US businesses. A large portion of Trump tariff is on raw materials and intermediate products and US businesses will suffer as well as consumers. Trump tax cut is the tax cut for 1% Trump tariff is the consumer tax on 99%