Let's talk about tariffs. ..

Discussion in 'Trading' started by wxytrader, Mar 22, 2025.

  1. ktm

    ktm

    Did I miss the perp walks of all the people charged with fraud against the Fed government?
     
    #11     Mar 23, 2025
  2. billv

    billv

    IMO the Tariffs in this instance are introduced mostly to increase revenue.

    But, this method of collecting taxes is flawed because as you start producing more items domestically,
    your volume of imports drops and therefore tariff income will reduce and you don't want that.

    So sooner or later the US administration will realize that tariffs alone aren't going to fix their finances and they will have to increase income taxes or VAT.
    Best not to do tax cuts at all (even if they manage to get a budget surplus in a year's time because it will be temporary).
     
    #12     Mar 31, 2025