August 13, 2019

Tariffs.

As seen in The Verge:

The United States will delay proposed tariffs on many consumer electronics imported from China, the Trump administration said today, giving a reprieve to gadget makers that are hoping to wait out a trade war between the two countries.

It’s amazing to me that many of the Trump supporters I know have mentioned they voted for him because he was so decisive, yet he whips his decisions around more than Sybil on a good day.

I’m no economist but if the United States can’t compete with overseas goods without charging excessive tariffs, then something is wrong with the way things are done in the United States. If we are going to be a capitalist society, we should be a capitalist society all the way, instead of imposing rules and fees and tariffs.

Just my $0.02.

Full story in The Verge.