Tariffs?

The E.U. says they will put tariffs on Levis jeans, guess what ? the great American jeans company no longer has any mfg. plants in N. American. Years ago they moved all production to China & Africa !

By the way Just try to buy a bottle of Jim beam in Germany, France or Great Briton...... Good Luck !

dilligaff posted:

The E.U. says they will put tariffs on Levis jeans, guess what ? the great American jeans company no longer has any mfg. plants in N. American. Years ago they moved all production to China & Africa !

By the way Just try to buy a bottle of Jim beam in Germany, France or Great Briton...... Good Luck !

The EU tariffs are already much larger than US tariffs.  US puts a 2.5 percent tariff on cars from EU.  EU places a 10 percent tariff on US cars.  

I don't like trade wars and I don't like our products singled out by protectionist countries, so I wish we would quit doing trade deals and just charge reciprocal tariff rates and/or give equal subsidies and let the rest of the world set the rates. That would be the closest thing to free trade in a long time.

The Republic financed itself with a combination of excise taxes (alcohol was the big revenue source) and tariffs until the income tax was introduced by amendment in the early nineteen hundreds.  

Comparing Trump's proposed tariffs to Smoot-Hawley is ridiculous.  Smoot-Hawley was imposed on 20,000 different items at 59.1 percent. 

What the U.S., Canada and Mexico Want From a New NAFTA

The three countries bring very different priorities to the table as they begin renegotiating the North American Free Trade Agreement

https://www.usnews.com/news/ar...ant-from-a-new-nafta

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Why U.S. tax reform is good for NAFTA

https://www.theglobeandmail.co...fta/article37247433/

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What Would Happen if the U.S. Withdrew From Nafta

https://www.nytimes.com/2017/1...drew-from-nafta.html

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How NAFTA Can be Improved to Benefit America and Free up Trade

https://www.heritage.org/trade...erica-and-free-trade

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