Likely wants to use that to solve the illegal immigrant issue rather than make money for US, which is not in that kind of great depression.
The idea is that since the companies are in the neighboring country for cheap labors, yet the cheap laborers are pouring into our country to work for low wages, let just charge the companies more if the country continues to let in the cheap laborers. It's like telling them you can't eat your cake and have it... It's either you keep the potential migrants working in the companies to send us cheap goods or you lose the companies, possibly to us, to serve the economic migrants or cheap laborers you let into our country. Beside that, this could prevent the migrants from taking up jobs that are meant for citizens, as the migrants would have more of such companies to work for for lower wages
Topic: To tariff or not to tariff - page 3. (Read 508 times)
tariffs are not charged to the foreign country, they are charged to the american business receiving imports
the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials, but then import goods as if its all 'made in america' tariff free
EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK
EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free
the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials, but then import goods as if its all 'made in america' tariff free
EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK
EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free
https://www.youtube.com/shorts/MckCZ9iLAyI?feature=share
This is probably a Texan Uni or High School
How tariffs work:
1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.
The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.
You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.
This is probably a Texan Uni or High School
How tariffs work:
1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.
The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.
You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.
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