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A comment on The Largest US Trading Partners All Put Higher Tariffs on the US Than Vice Versa. Parent comment

Re:The Largest US Trading Partners All Put Higher Tariffs on... by wpietri on Wednesday August 08, 2018 @10:26AM (#17716219)
I believe that brookhaven_dude means that low US tariffs are good for US consumers because that keeps prices low for them. Whereas high foreign tariffs on US goods are in effect a tax on foreign consumers, meaning they get less for their money.
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Re:The Largest US Trading Partners All Put Higher Tariffs on... by mabbo on Wednesday August 08, 2018 @10:32AM (#17716260)
> Whereas high foreign tariffs on US goods are in effect a tax on foreign consumers, meaning they get less for their money.

When prices are higher, consumers buy less. So those foreign consumers are indeed getting less for their money- so they will buy less US Goods, reducing the money coming to US producers. Instead, those foreign consumers will buy local goods at lower prices.

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Re:The Largest US Trading Partners All Put Higher Tariffs on... by wpietri on Wednesday August 08, 2018 @04:57PM (#17719413)
Except that foreign competition will reduce prices overall. Tariffs blunt that, meaning foreign consumers will buy local goods at higher prices than they would without tariffs.
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