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In reply to the discussion: Trump Says U.S. Will Purchase Crops to Offset China Losses [View all]Mosby
(19,104 posts)53. I don't think thats how it works
Tariffs are collected by the feds, and the increase cost for the seller may or may not be passed on to the consumer depending on the elasticity of demand for the product.
A lot of people don't seem to understand that Liberals used to support tariffs. Now I guess we are supposed to be free trade globalists.
If done properly, tariffs provide incentives to developing countries to improve environmental, safety, building and wage standards.
Howard Dean on trade:
NAFTA and the WTO only globalized the rights of multinational corporations, but they did not globalize the rights of workers. They are not going to globalize human rights, environmental rights, the right to organize. That needs to happen. And if it doesnt happen, NAFTA and the WTO simply arent going to work. Right now, were exporting jobs.
We need to have a level playing field. We need to have the same kinds of environmental protections, labor protections, human rights protections and worker protections if were going to have open borders. That will not disadvantage exports.
......
Unfortunately, our free trade policies have also had the effect of hollowing out our industrial capacity, and most worrisome, undermining our own middle class. All through this country, including in Vermont, Ive seen factories move to China and Mexico, leaving American workers to learn new skills & earn lower wages.
Free trade must equal fair trade. We are subsidizing the sometimes awful environmental practices of our trading partners, and we are subsidizing the profits of multinational corporations by not having international labor standards. If free trade allows General Motors to set up a plant in Mexico, free trade should allow the UAW to organize that plant under conditions similar to those in the US. This isnt wage parity; I am asking for shared ground rules.
http://www.ontheissues.org/Celeb/Howard_Dean_Free_Trade.htm
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Can some economist explain how any of this 'robbing Peter to pay Paul' stuff
sinkingfeeling
May 2019
#4
It's OK if it's Proletariat Peter who is picking up the tab and not Bourgeoisie Peter!
TheBlackAdder
May 2019
#18
Trump had to say SOMETHING to settle the futures market, it's been tanking for a week
CharleyDog
May 2019
#19
Just so long as it isn't one of the four or five countries of Mexico we give the soybeans to.
Hugin
May 2019
#5
Wait what? To cover his China failure, our taxe$ will buy American food to be sent abroad?
yerop
May 2019
#10
Trump argued for taxing consumers to prop up part of his political base that's getting hammered
mahatmakanejeeves
May 2019
#12
The level of factually wrong info from the president this morning is high.
mahatmakanejeeves
May 2019
#15
We've already done several tariff-related price increases at the store I work in; higher ones are
NBachers
May 2019
#22
i watch the farm report every sunday morning. this is not what the farmers want.
Kurt V.
May 2019
#31
I guess the orange anus skipped Tariffs 101 at his highfalutin business college
Brother Buzz
May 2019
#43
Does Trump think that tariffs are a type of tax that goes to the government?
Cold War Spook
May 2019
#44
He doesn't know what the h** he's doing. Someone get this clown out of office. nt
Honeycombe8
May 2019
#45