Quote:
Originally Posted by Fuzz
Basically the end result will be the largest tax increase on US consumers in history to balance the budget. I presume if he had advertised it like that, he would not have been elected.
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That and domestic manufacturers will actually be less efficient and competitive.
Between the devaluation of the Canadian dollar and Mexican peso vis the U.S. dollar plus the cost increase on the U.S. Produced goods. It's likely the imported stuff is less expensive in two years than a comparable U.S. made product. At which point the solution will be....more tariffs!