Tariffs work very good
But they have to rise more, much MUCH more, so to pass the equivalent of minimum American wage
Until that point is reached we all suffer (pay more, like a nasty tax)
Rising to the needed level will create a virtual thick concrete economic wall for Chinese manufacturing (and will dramatically slow down the robbery of American intellectual property)
So now we go through a phase where we take too little economic medicine, and only deal with the bad taste but no benefits
But since is not so simple to rise to needed level at once, things go gradually
but will not have impact on economy until the needed levels are reached
Good jobs and good wages can come back in a jiffy if only we'll reach that point
My fav -> alternatively we can make a quota (adjustable each quarter or year), and in that quota we can maximize the tariff , so this way we force some repatriation of good jobs and wages while allowing some Asian manufacturing to still flood the American markets with slave labor crap (but robbery of intellectual property will continue)
Let's get on with it
News 
Market Data 
Discover 
