In recent years, the United States, supporter of world free trade and II. After World War II, he gradually retired from reducing tariffs. This is an answer to the loss of work in the US manufacturing sector and an increasingly powerful China.
Loess duty Currently, because President Trump plays them At the beginning of your list of possible penalties. Tariffs usually charge as a percentage of the price that an recipient pays to a foreign seller. In the United States, tariffs are collected by customs agents and border protection. 328 entrance harbor from all over the country. American tariff types change: for example, it is usually 2.5% for cars and 6% for golf shoes.
Tariffs are an import tax
Tariffs, United States have commercial agreements. For example, most of the goods can circulate between the United States, Mexico and Canada without tariffs thanks to Trump’s trade agreement between the United States. Mexican Y Canada. In general, economists of the dominant movement are skeptical in terms of tariffs, because governments see an inefficient way for governments to encourage money and prosperity.
Wrong information about who really paid the tariffs
President Donald Trump, the supporter of tariffs, insists on paying by foreign countries. In fact, importers who pay tariffs – American companies – and Money goes to the United States Treasury. These companies usually have the highest costs to their customers in the form of higher prices. Therefore, economists claim that consumers often pay the tariff bill.
But, Tariffs can harm foreign countries By making your products more expensive and blocking your sales abroad. Foreign companies may be forced to reduce prices and compromise on benefits to compensate for tariffs and try to protect their market shares in the United States. Economist Yang Zhou from Shanghai Fudan University, in a study, Trump’s tariffs about Chinese products More than triple damage to the Chinese economy From the American.
What did Trump say about tariffs?
Trump, tariffs They will create more business in factoriesThey will reduce the federal deficit, reduce food prices and allow the government to subsidize nurseries. “Tariffs are the best invented“Trump said at a rally in Flint in Michigan during the presidential campaign.
As President, Trump, imported solar panels, steel, aluminum and Almost everything from China. He described the “Man of Tariffs”.
Trump promised even more tariffs in his second term
In recent years, the US II. After World War II, he gradually retired from his role Encourage the world free trade and low tariffs.
This change has been a response to the loss of work in the American manufacturing sector and the trade of trees without restriction. Chinese Increasingly stronger.
A protective measure of the national industry
By increasing the price of imports, Tariffs can protect national manufacturers. In addition, they can serve to punish foreign countries for unfair commercial practices such as subsidizing their exporters or selling products at unfair low prices.
Tariffs Before Federal Income Tax was established in 1913 An important income engine For a country. According to Douglas Irwin, an economist studying commercial policy in Dartmouth College, tariffs between 1790 and 1860 represented 90% of the federal income.
Tariffs as a pressure measure
Loess Fell in favor of tariffs World Trade II. As he grew up after World War II. Governments needed much more sources of income to finance their activities. In the financial year that ended on September 30, the US government gathered approximately 80,000 million dollars (76,000 million euros) Tariffs and Rates. This is a minutia, as well as the tax on the income of natural persons and $ 1.7 billion (1.6 billion euros) from social security and medicare taxes (2.4 billion euros). However, Trump wants to publish a budget policy that existed in the nineteenth century.
Tariffs can also be used to press other countries on issues that may or will not be related to trade. For example, Trump used threats in 2019 Tariffs as Arm to convince Mexico In the United States, it will take energetic measures against the waves of Central American immigrants passing the Mexican territory.
Trump sees tariffs as a way to avoid wars
Im I can do this with a telephone conversation, dedi he said at a rally in North Carolina in August. If another country tries to start a war, he said he would start a threat: “We will collect 100 % tariffs“.
And suddenly, he tells me the country that rules the President or Prime Minister or the dictator or demons: ‘Lord, we will not go to war’. Costs are increasing For importation companies and consumers. They are also likely retaliation.
China responds to Trump’s trade war
For example, the European Union resisted Trump’s tariffs on steel and aluminum by taxing American products from Bourbon to Harley-Davidson motorcycles. Likewise, China responded to Trump’s trade war To apply tariffs to American products such as soybeans and pork to their attempt to harm their supporters in agricultural country.
AdvertA research conducted by Economists from the Massachusetts Institute, Zurich University, Harvard and World Bank, Trump’s tariffs They could not restore employment In the heart of the United States. According to the study, tariffs “increased neither increased or reduced employment in the United States”.
There are very little or no effect on the number of jobs
Despite the 2018 Trump tax on imported steel, for example, Number of Works in Steel Plants The Americans barely moved: they stayed around 140,000. In contrast, only Walmart uses 1.6 million people in the United States.
Worse, according to the study, Recitation tariffs imposed by China And other countries for American products, especially for farmers, “negative repercussions on employment” experienced. These retaliation tariffs were compensated with the help of billions of government distributed by Trump among farmers.
A double -edged commercial war
Trump tariffs also damaged companies affiliated to certain imports. However, Trump’s commercial war He failed, he succeeded as a policy.
AdvertStudy, Trump support Already congress candidates increased in the most exposed areas of import tariffs: Industrial Western environment and Southern states of large production weight such as North Carolina and Tennessee.
