Jobs
A look at how Trump’s plan to increase tariffs would affect U.S. workers and consumers
Paul Solman:
And Vice President Harris supports tariffs too, she said, so long as they’re much smaller and targeted. You will hear more about that in a bit.
What’s so striking is that protective tariffs were once a partisan point of stark conflict, but now both candidates are in favor of tariffs, which, of course, have such obvious appeal to workers afraid of losing their jobs, many of them swing-state voters in import-threatened industries.
Look the best-selling BYD Chinese E.V. goes for $16,000 or less in China. They’re not yet sold here, but even with Biden’s 100 percent tariff, they’d still be a bargain. And despite a plunge in Chinese consumer demand, manufacturing activity across all sectors remained strong until just recently, resulting in a glut of Chinese goods being offered on Web sites like Temu at unbelievably low prices.
I bought this cap with a watercolor by Swiss artist Paul Klee for $25 from a us firm some time ago, this one from China for grandson Will $1.69, free shipping.
Small wonder that at a Detroit Teamsters union local, there was plenty of support for protective tariffs.
Jeff Tricoff, Member, Teamsters Local 283: Short-term discomfort for long-term relief.
Casimer Guzdziol, Member, Teamsters Local 283: One way to ensure that jobs are going to be at least starting back here in the United States. good-paying jobs, jobs that they outsourced overseas, maybe it’s not something that’s going to happen immediately, but, over time, it’s probably something I think is going to be very effective at bringing jobs back to our country.