Quote:
Originally Posted by DemolitionRed
Here's a little gem!
Donald Trump plans to make Americans poor again.
"Donald Trump has threatened to place a 35 percent tariff against goods from Mexico and a 45 percent tariff against imports from China. He has also, by implication, threatened similar tariffs against Japan."
"Donald Trump’s trade policies would cost the typical U.S. household $11,100 over 5 years"
"Would such tariffs achieve Donald Trump’s goal of protecting U.S. workers from foreign competition? Ironically, the answer is “no.”
"What would be the impact of such policies? “A Trump tariff levied on imports from all countries would cost the average U.S. household $6,112 annually and $30,560 over a five-year period,” notes the research. “This ‘worldwide’ tariff would cost households in the lowest income decile $2,826 annually or $14,130 over five years and households in the highest income decile $12,514 annually, and $62,570 over five years.”
http://www.forbes.com/sites/stuartan.../#6318d6bb2db0 |
ummmm Obama has just put 522% tariff on Chinese steel? youre way behind there red
