RE: re trade wars18 Sep 2018 14:53
Off course people will pay more tax on the affected imported goods from China if they "choose" to buy those imported goods. They don't have to buy Chinese goods. Admittedly and without looking into it in fine detail it would probably prove difficult to avoid imported Chinese produced goods. But certainly not impossible.
Obviously buying only US goods, or Imported goods from countries that have not yet been hit with Trumps tariffs could mean paying more as those goods are not produced in Chinese sweat shops where "Poor Chinese People" have been exploited for their cheap Labour... many of which opting to chuck themselves off the factories roof, where the factory hasn't already installed suicide nets to stop them.
But anyway, I digress... If there is going to be a global shift away from the Globalisation that ultimately only the very rich benefit from. The exploitation of open borders and outsourced production for the exploitation of cheap Labour... if there's going to be a major shift away from this via protectionism measures... it's not going to be quick, it's not going to be clean and there is going to be some economic pain.
I think most people against rampant globalisation and the aforementioned negative aspects of it recognise this. I do, and I think it's a necessary evil to reach a better place for Western civilisation, because at the moment the way our respective Western countries are going we will all be economic basket cases drowning under a mountain of debt, with half the 3rd world moved in and changing our values, culture and way of life beyond all recognition.