Australia's largest stock trading and investment forum Australia's #1 stock forum

Kamala is going to get wrecked in the debate, page-1961

First 1961 Last

Share
Profile

Follow
jimk3758

23,989 Posts.

83

15/09/24

16:46

Post #: 75682227
Share

Originally posted by pintohoo: ↑

''If the tarriffs were to onshore the manufacture and sale of domestic products - that would be a positive influence on product cost, no?'

No - it would not

very clearly one applies tariffs BECAUSE one's home manufacturing can't compete

which means that if one applies tariffs to such an extent that domestic production CAN compete -

then the product COST to the consumer MUST BE HIGHER -

and hence, inflationary

no matter which way one goes ----- tariffs = inflation

Expand

All the economic experts agree Trump's tariffs (taxes) will be inflationary mostly paid by middle class working consumers.
5 Upvote

Reply

Top Stories

SW1

Swift Networks soars +160% after inking material contract to supply TV content for aged care homes

EQN

Equinox exits Canada with $700K Alturas sale; plans to 'streamline' in Brazil, Australia

Listen: HotCopper Wire Podcast 025 – Locksley rap video gives Hilltop Hoods run for money

KGD

Kula Gold bursts out gates +60% after hitting visible gold in first Mt Palmer drill hole

PRU

Perseus off to races at Côte d'Ivoire gold mine after 'milestone' presidential decree

First 1961 Last