The Upside of Tariffs
The MSM and its corporate masters are running a massive anti-tariff campaign whose goal is to eliminate Trump's tariffs, particularly those in place against China. Here's an example published by CNBC today:
‘China is not paying for it’: Trump tariff hike hits everyone from beer brewers to book publishers
They brew beer, make musical instruments, publish children’s books and design headphones.
Their industries are diverse, but they all have something in common: They represent American small and medium-sized businesses that rely on China either for production or essential equipment.
It’s this latest round that could impact everything from the craft beer you drink on the weekend to the musical instrument you play or the book your kid reads.
Source: CNBC, 8/24/19
While tariffs do have a downside, it's disingenuous to present the issue as one-sidedly as articles like that one does. Here are things where tariffs can have a positive effect:
- Less broken and obsolete consumer junk overflowing landfills
- Less profit for Walmart and its fellow travelers
- Substitution of American-made goods for Chinese goods
- Reduction in the number of outsourced American jobs
- Positive impact on climate change as fewer ships traverse the seas (each round trip between China and the US burns $3.4 million of fuel)
- Less money for China's military buildup
- Less money for China to suppress democracy in Hong Kong
I'm sure there are other positive effects I haven't listed. As usual, there are two (or more) sides to every story. What's sad is that the corporate media is only presenting one side -- that of the globalist cabal that loves to put profits before people and consumption before conservation.
Edited to add...
I fetched a cup from the cupboard and poured myself a dollop of soda. Upon bringing the cup to my lips to take a drink, I encountered a putrid odor. It turns out the Made In China shelf liner my wife recently put in transfers a sour chemical smell to anything that comes into contact with it. This reminded me that China doesn't have the same Federal regulations in place that help protect us from dangerous and/or cancerous substances. As they say, caveat emptor.