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The Water Cooler
General Discussion
Republicans Oppose Mexico Tarrifs
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<blockquote data-quote="SMS" data-source="post: 3241432" data-attributes="member: 42"><p>Yes, some segments benefit from increased production but that is an artificial effect and there is a negative ripple through other segments of the economy. Domestic goods increase in price due to the increased pressure on production and competing resources, other segments experience a loss due to the loss of foreign orders etc...That's an economic fact that is supported by reams of data and research over the years.</p><p></p><p>That's why tariffs should be sparingly used and have clear guidelines and goals. They should never be business as usual or permanent. That's why I said Trump's use of them here was good.</p></blockquote><p></p>
[QUOTE="SMS, post: 3241432, member: 42"] Yes, some segments benefit from increased production but that is an artificial effect and there is a negative ripple through other segments of the economy. Domestic goods increase in price due to the increased pressure on production and competing resources, other segments experience a loss due to the loss of foreign orders etc...That's an economic fact that is supported by reams of data and research over the years. That's why tariffs should be sparingly used and have clear guidelines and goals. They should never be business as usual or permanent. That's why I said Trump's use of them here was good. [/QUOTE]
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Republicans Oppose Mexico Tarrifs
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