BULLDOG
Diamond Member
- Jun 3, 2014
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Trump will leverage American consumerism. We know for a fact that businesses will seek to maximize profits. Losing American consumerism is not an option for the vast majority of companies ( to example, American's spent 350M on PET Halloween costumes, we spend 60bil a year on pets, we spend 350m on Halloween candy, 600bil on Christmas alone) American's love to spend, and companies cannot afford to lose that income. America is the NUMBER ONE consumer market in the world hands down our one country eats up 27% of the entire planets consumer market, the next highest is China at 8% (List of largest consumer markets - Wikipedia) --per 2013 stats last taken
By levying tariffs Trump gives companies two choices, eat into their profit margin, or produce in the US. The third option would be to not sell in America, which means losing out on their share of some 11,500,000 million dollars (For comparison #2 China spends 3,300,000 million)
You realize that a tariff is paid by the consumer, don't you? You want prices raised by 35%?