He is doing it to collect taxes from Americans. Tariff is just a fancy GST,VAT system that discriminate by country.
So, instead of a fixed percentage (or based on product type) like GST, tariff is a tax with different percentages based on product origin.
At the end of the day, it is just a cunning way to raise taxes on Americans.
I wonder if he can collect more taxes by having factories in US vs. just collecting tariffs. Either way, products are going to get more expensive in US.
He is doing it to collect taxes from Americans. Tariff is just a fancy GST,VAT system that discriminate by country.
So, instead of a fixed percentage (or based on product type) like GST, tariff is a tax with different percentages based on product origin.
At the end of the day, it is just a cunning way to raise taxes on Americans.
I wonder if he can collect more taxes by having factories in US vs. just collecting tariffs. Either way, products are going to get more expensive in US.