A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32036 Members
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© 2020 Relevant Protocols Inc.
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While politicians are engaging in anti-China dialogue, the American consumer is increasingly relying more & more on made in China products to endure the pandemic. Most of Amazon's popular items are made in China.
While politicians are engaging in anti-China dialogue, the American consumer is increasingly relying more & more on made in China products to endure the pandemic. Most of Amazon's popular items are made in China.
All taxes on businesses are passed on to the consumer, as they increase the cost of producing a good or service. Tariffs are taxes. Thus, tariffs are ultimately paid by the consumer (and note, by reducing supply, tariffs also lead to the increase in prices for domestic goods).
All taxes on businesses are passed on to the consumer, as they increase the cost of producing a good or service. Tariffs are taxes. Thus, tariffs are ultimately paid by the consumer (and note, by reducing supply, tariffs also lead to the increase in prices for domestic goods).
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