Replying to Avatar TheGrinder

The Americans are going to love tariffs on imports. Did you know that...

* 80% of toys sold in the U.S. are manufactured in China

* 90% of all electronics are imported.

* Approximately 14% of all food is imported. 44% of that is fruits and nuts, 35% is vegetables, 45% of sweeteners.

* 25% of vehicle parts are imported by the industry plus roughly 50% of all cars are imports.

* About 80% of active pharmaceutical ingredients (APIs) are imported.

* Over 90% of clothing and footwear are imported.

* 35-40% of its crude oil is imported.

* Around 75% of furniture and home decor are imported

* Nearly 100% of its rare earth elements are imported.
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BOOK IT 11mo ago

Devils advocate is this will bring to light our reliance on imports and cause a shift of manufacturing in country vs outsourcing the labor side. Especially business that are us based but outsource everything.

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TheGrinder 11mo ago

Hopefully because if not then the increased cost of living caused by inflation was only the beginning.

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Hazey 11mo ago

Maybe it is to deflect focus on the real cause of inflation.

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BOOK IT 11mo ago

Seeing other countries step back and agree with purposals has shown we are a needed consumer in the market. We will probably see an big increase in our energy market also. I am hoping on bigger monopolies being tested and causing them to cooperate and price things equal to what other countries are getting them at.