What makes you think it is cheap consumer goods? China manufacturers more than that. What about medicine? Autos? Raw material refining? IPhones? Laptops? Steel?
It is a lot more than just lower end goods.
What makes you think it is cheap consumer goods? China manufacturers more than that. What about medicine? Autos? Raw material refining? IPhones? Laptops? Steel?
It is a lot more than just lower end goods.
Of course you're right, that's what I meant. Why impose general tariffs and not just on the products you mention? I understand a tariff on cars, but not on Christmas balls.