MnSpring
Serious Thumper
   
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Younger than most people my age.
Posts: 9878
Minn
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Know of a person employed by a American Company, that also sells things it buys from Mexico.
That company will be buying those small production company's in Mexico. Then reduce the workers pay, and workers. Probably to the tune of the Tariffs costs.
So, who is suffering ? The USA or Mexico ?
"... Yang Zhou, an economist at Shanghai’s Fudan University, concluded in a study that Trump’s tariffs on Chinese goods inflicted more than three times as much damage to the Chinese economy as they did to the U.S. economy. ..."
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Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither". Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .
IP Logged
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