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LowIQTrash » Today, 4:04 am » wrote: ↑
Tariffs are a bit more complex than what most economists believe. I am actually in the camp that they are slightly deflationary because they slow GDP growth. The "inflation" caused by higher import prices is overridden by the lower total transaction sum.
Anyway, Canada should not be a concern based on your criteria ("unfair / not level playing field")...unless Trump is trying to extract
political concessions from them.
The "inflation" caused by higher import prices is overridden by the lower total transaction sum.
what would induce domestic producers to forgo the opportunity to raise prices under the tariff "umbrella"?