toobfreak
Tungsten/Glass Member
I said that.Higher cost means less sales here too.Meanwhile tariffs on imported goods are paid by the importers, not the exporters.
Yep. Higher price, less imports.
Higher prices, less sales. China loses in lost GDP.
Americans loses too, but now with higher prices, Americans begin looking other places to buy stuff.
I always gladly pay more anytime I can find a similar, better item made here of anywhere but China.
China has been America's candy store of cheap crap too long.
With higher costs comes the ability to compete and make things here, better.
I implied that. Americans took it on the chin too in WWII in order to beat the Germans. It'll hurt everyone until China finally cries Uncle and agrees to fair trade. I'm ready.Lower profits for companies, less raises or even layoffs for American workers.