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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked
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Poster Handle
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Anonymous Coward |
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Post Content
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so what?
the amount of money the tariffs inject into the economy makes 30 billion chump change.
Quoting: Anonymous Coward 77640431 Federal revenue from custom duties ran at a $75 billion annual pace in the first quarter of 2019, according to the US Bureau of Economic Analysis. That's lpabout 3% of total Federal government revenue. And we are paying those import tariffs, just like a new tax. no, we haven't in steel the price of steel remains largely unchanged it just prevented chinese subsidized dumping into our market the state subsidizes steel in china. they produce with no regard to supply and demand. when they overproduce they dump at unreasonably low prices. they literally want to cripple our manufacturing base. it's an economic war.
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