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Name:
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GoneFishin
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Subject:
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Hmmmmmm....
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Date:
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5/30/2018 3:13:10 PM
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I think we are pretty much in agreement on tariffs.
"If tariffs raise the price of some product you always have the choice not to buy it." I just found that coming from the Right to be an interesting comment. It is exactly opposite from where the Right likes to preach. Sell more product.. Hire more Americans...Now, the Right implements a 25% tariff and one of the ramifications is sell less product cause the price is too high. Hardly a strong endoresement for the Right Wing POTUS and his henchman.
As to competition, my comment was basically a 5-10% tariff could possibly be absorbed. Whereas 25% cannot be absorbed by very many, if any, viable markets.
It all comes down to elasticity of demand for the product.....
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