Buchanan on tariffs

[Chris]

The tariffs hurt China by lack of market access. Also China does not have a safety net for people who lose jobs.

Could hurt them depending on US consumer choices.

[Chris]

We need to make that steel here! No ifs ands or buts about it!

How about a massive boycott of all Chinese goods?
Wont that work?

We do make steel here but it's expensive.

[Mini Me]

Like Chris said it would be hard to do, because much of what China exports to the US is parts for a larger product.

DAYUM! Its always somethin!

[Chris]

In expectation of raised tariffs raising prices down the line, Walmart says it will raise prices because of tariffs.

[Peter1469]

In expectation of raised tariffs raising prices down the line, Walmart says it will raise prices because of tariffs.

Of course. They rely on cheap Chinese crap.

[Chris]

Of course. They rely on cheap Chinese crap.

And steel that going into the production of goods they sell.

[Common Sense]

I doubt American spending habits are going to change much. The current effect is that Americans are paying billions in tariffs...and Trump is trying to convince people China is paying.