American govt cheating Americans with high tariffs

 The USA voters are drunk in their deluded thinking that they have so much freedom that they are not aware of the system cannibalizing their rights little by little. When politicians shout anti-China slogans and threaten decoupling from China, they cheer and clap, not realizing they are the ones to suffer.

Tariffs on imported goods into USA are being raised to make them pay more for products on the shelves of supermarkets. They assumed wrongly that such tariffs are punishing China, without realizing it is the Government punishing them.

Tariffs are a tax on the import of products that benefit the Government but have to be paid for by consumers. Consumers will be the ones to foot the price increases due to the tariffs, not Chinese manufacturers. The tariffs will kill off the usual USA importers and supermarket chains, leading to loss of jobs if they cannot sell at such high prices. But the loss of jobs can always be covered up with doctored job statistics. No problem there!

The USA is not the only market available for Chinese products. Sure, China will lose some of the market share inside the USA, but the Global South is an even bigger market that is growing, and even if the USA tries to keep Chinese products out of the USA by raising tariffs to the sky, Chinese manufacturers may opt to sell just more of their tariff free products in the Global South countries. They suffer little loss selling at prices before such tariffs. Both Chinese manufacturers and consumers in the Global South will benefit. 

Anonymous