ScreamingEagle
Gold Member
- Jul 5, 2004
- 13,399
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Basically Trump's plan is to put a 45% tariff (tax) on Chinese imports if they don't open their markets.....while Cruz's plan is to eliminate the business tax on goods produced for export....
Under Trumps plan if the Chinese did not open their markets and instead applied tariffs of their own this would destroy jobs related to exports and the cost of imports would explode.....things would become 45% more costly....
Under Cruz's plan...
1. No more tax so American goods would become very competitive to sell in China
2. Without the tax more goods will be produced here....bringing more jobs back to America
3. The Chinese will not be pressured to start a trade war
4. Goods from China will not possibly increase 45% in price
Blog: Ted Cruz's plan to 'bring jobs back from China' better than Trump's
Under Trumps plan if the Chinese did not open their markets and instead applied tariffs of their own this would destroy jobs related to exports and the cost of imports would explode.....things would become 45% more costly....
Under Cruz's plan...
1. No more tax so American goods would become very competitive to sell in China
2. Without the tax more goods will be produced here....bringing more jobs back to America
3. The Chinese will not be pressured to start a trade war
4. Goods from China will not possibly increase 45% in price
Blog: Ted Cruz's plan to 'bring jobs back from China' better than Trump's
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