The REALITY (not theory) is that Chinese manufacturers
Posted on: January 1, 2020 at 13:37:53 CT
Spanky KU
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lowered their margins (prices) to offset the tariffs as did US retailers. The impact of the tariffs on consumers in REALITY (not theory) has been negligible and the US consumers’ wage increases have far offset those minor price increases.
In REALITY (not theory) the US inflation rate in the early Trump’s tariffs has been the same or lower than the pre-tariff inflation rates.
Edited by Spanky at 13:38:31 on 01/01/20