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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1119154)	2/21/2019 5:55:38 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1574752

Only in your fantasy world. Tariffs have two sides to a transaction. They surely do increase prices on imported goods for the consumer. On that you are correct. However, they also make domestic companies the produce competing goods more competitive. So you may decide to substitute the imported good for a domestically produced one, especially on commodities, and yes, even on cars. You are ignoring that second half of the transaction. It's not all about the consumer tax. It's about domestic competitiveness. Having said all that, on one thing, we do agree. The best win win is if everyone dropped all tariffs to zero. But when one country has punitive tariffs on the other, reciprocity is a reasonable business response and creates the leverage to get to the win win.