Posted by 1948CaseVAI on April 17, 2018 at 05:51:59 from (99.13.22.147):
In Reply to: Tariff Question posted by John in La on April 17, 2018 at 00:02:02:
Quoting Removed, click Modern View to see
This is correct. The single most recent use of a tariff to save a US manufacturer was when Reagan saved Harley Davidson in the 80s.
There are no new tariffs as of now. There is just talk, which is being used to prod the trade negotiations to favor the US. So far new tariffs are just a negotiation tactic and that is widely misunderstood. There are a lot of folks who are under the impression that the US has levied new tariffs, but so far it is just talk to spur trade negotiations. Of course if the Chinese fail to bend over satisfactorily the tariffs can be implemented for real. Even then though, the goal will be to make them short term and negotiations will continue until we could get rid of the tariffs. Over the long term they are not practical.
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