Stated
purposes: To increase the price of imported manufactured goods,
encourage increased domestic job creation and as a source of tax
revenue to offset promised income tax reductions.
Possible
results:
A
Bangladeshi made $50 shirt at Walmart will become a $60 shirt.
A
U. S. made shirt at U.S. labor cost, $58.
A
U.S. made shirt at Bangladeshi wages $48
A
U. S. automation made shirt cost $50
No
import, no tax revenue, minimal new jobs and a shirtless working
class.
Paul Hunter
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