Trump Tariff on imports of 10%? (CNN)

[applegrove]

[atreides1]

1. Wonderful isn't it?

But you left out the part on how most of the trade from China are products being made by companies like, Nike, Apple, etc. !

With a tariff in place those companies will raise their prices, which will affect American consumers, and the trade deficit between the US and China will remain huge!!!

[eniwetok]

14. can't have it both ways...

You can't want cheap imports which steal US jobs, then whine about losing cheap imports. The ONLY way to bring back US jobs is to eliminate the incentives for bring in cheap imports by adding a tariff. I'd like to see corrective tariffs for ALL nations that don't share our costs of productions... from US wages and benefits, US worker protections, US pollution controls, US social programs like SS and Medicare...etc. THEN we can have "free trade".

[roamer65]

2. 10 percent price increases.

That ought to hit the Dumpsters right where it hurts.

[pbmus]

3. Unbelievable the sheer lunacy of his proposals...Economy gone

[sarcasmo]

4. Was that in a Tweet?

[applegrove]

7. I don't know. CNN just talked about it. Said it may be the start of a negotiated position.

Trump is like that crazy mattress salesman.

[superpatriotman]

5. Can a President unilaterally proclaim and enact tariffs?

Or does it take a willing Congress?

[Bettie]

10. The system of tariffs is in place, but essentially "turned off"

an executive order can turn them back on.

Obama did it when China was dumping tires on the market and it stopped that behavior.

Tariffs are not all bad...our goods are subject to tariffs and VAT when we export to other nations.

[eniwetok]

12. we can withdraw from NAFTA with 6 months notice

And this might be good leverage to renegotiate it.

[JHan]

6. so much backward nonsense in 2016. *smh*

[Girard442]

8. I've enjoyed having food, clothing, and shelter.

I'm really going to miss them.

[TheBlackAdder]

9. A 10% tariff will just mean that the shit will still be made in China, the costs spread to Americans

[eniwetok]

13. but... it makes US goods 10% more competitive. n/t

[TheBlackAdder]

15. Well, when it's 50% more competitive, then perhaps businesses might look domestically. Until then...

[socialist_n_TN]

11. CONTRADICTION ALERT************

How does this square with his "deregulation" agenda for businesses?