US will Pay for Chinese Tariffs, says Kudlow

[katzgar]

https://www.cnbc.com/2019/05/12/kudl...ing-trump.html

[reagansghost]

never did like that Looneytarian Kudlow, nice to see him display a shred of honesty

[Jack]

"It’s not China that pays tariffs,” Wallace said. “It’s the American importers, the American companies that pay what, in effect, is a tax increase and oftentimes passes it on to U.S. consumers.”

Don't buy Chinese made products.

[Ralph]

Dah captain obvious! That's the point...no? To see who suffers the least? As of right now the United States GDP and Stock Market are stilling gaining. The GDP 3.2% The Stock Market has witnessed an almost 7% total gain since Trump engaged China in this economic warfare via introducing Tariffs on the cheap knock off goods sold by China.....while China has witnessed a 5% total decline in its export industries. What the US has lost amounts to peanuts when compared to the real numbers produced by the US ECONOMY. What "economic" idiots that exist on the left side of the isle. Perhaps that is why they appoint economic illiterates to chair important committees such as Mad Max Waters chairing the Financial Services committee (she did not comprehend that Banks no longer are responsible for STUDENT LOANS and have not been since 2010).

www.youtube.com/watch?v=rOarNl3PAR4