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Comment by ThinkBeat

The different between taxes (you -must- pay (unless X loopholes applies to you)) whereas tariffs are voluntary and even more so then sales tax.

You may chose not to buy any products or goods that requires you to pay tariffs.

Which is the primarily goal to begin with. Influence consumer behaviour.

I realize that for some products and goods there may not be a an alternative choice of products or goods that do have tariffs.

In theory, over time, these will be increasingly replaced by products and services that have the competitive advantage of not having to tariffs applied to them.

Once tariffs are in place for a year or two it is possible that, domestic producers have expand capacity, have created jobs have caused supply chains shift and new production is based on the tariff based price structure

This however takes time. And to what extent it happens is not easy to predict.

Some may think that the next president will remove all tariffs the moment he or she takes office, so it is a short term problem. The problem with removing them all, is if the above has happened, and removing them will destroy American jobs.

parent ThinkBeat 8 months ago

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