For a car guy like myself, it sounds like this means that if I want to bring this Alpine A110 sports car from France into America, I'd have to pay more to do that as it is not sold in America at all.
I'm probably grossly simplifying these numbers for argument's sake, but we'll say the car costs $100,000.
We'll also say that whatever tariffs he puts in place would probably make putting that car into my possession cost me $130,000 when all is said and done, 25 year import rule not withstanding (I hope Trump reverses this).
It sounds like Trump also wants to combine these tariffs with as many tax cuts as possible for everyone, therefore putting me in a better position to get a nice, albeit niche car like that if I so choose.
That doesn't sound like such a bad deal at all. It blows my mind that even economics professors deliberately neglect to properly teach how these tariffs actually work. It seems like they could actually be part of a better alternative to the debt based system we have now.
Apologies if I sound naive or ignorant; I'm trying my best to understand these concepts.
For a car guy like myself, it sounds like this means that if I want to bring this Alpine A110 sports car from France into America, I'd have to pay more to do that as it is not sold in America at all.
I'm probably grossly simplifying these numbers for argument's sake, but we'll say the car costs $100,000.
We'll also say that whatever tariffs he puts in place would probably make putting that car into my possession cost me $130,000 when all is said and done, 25 year import rule not withstanding (I hope Trump reverses this).
It sounds like Trump also wants to combine these tariffs with as many tax cuts as possible for everyone, therefore putting me in a position to by a nice, albeit niche car like that if I so choose.
That doesn't sound like such a bad deal at all. It blows my mind that even economics professors deliberately neglect to properly teach how these tariffs actually work. It seems like they could actually be part of a better alternative to the debt based system we have now.
Apologies if I sound naive or ignorant; I'm trying my best to understand these concepts.
For a car guy like myself, it sounds like this means that if I want to bring this Alpine A110 sports car from France into America, I'd have to pay more to do that as it is not sold in America at all.
I'm probably grossly simplifying these numbers for argument's sake, but we'll say the car costs $100,000.
We'll also say that whatever tariffs he puts in place would make putting that car into my possession probably cost me $130,000 when all is said and done.
It sounds like Trump also wants to combine these tariffs with as many tax cuts as possible for everyone, therefore putting me in a position to by a nice, albeit niche car like that if I so choose.
That doesn't sound like such a bad deal at all. It blows my mind that even economics professors deliberately neglect to properly teach how these tariffs actually work. It seems like they could actually be part of a better alternative to the debt based system we have now.
Apologies if I sound naive or ignorant; I'm trying my best to understand these concepts.