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Thread: Trade War Coming to Shaving
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07-24-2018, 08:27 AM #10
- Join Date
- Mar 2012
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- Thunder Bay, Ontario, Canada
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Thanked: 3228If you collect a package sent to you from out of country and have to pay your government money, it is because your government has put a tariff, duty or sales tax on it. That has nothing to do with the country from where the package was sent. When I say "your country" that means whatever country you are living in be it Canada, the US or China etc.
Normally, once a country has tariffs place on it's goods by another country the country effected by the tariffs places tariffs on goods coming from the other country. This makes goods and services more expensive for consumers in both countries. It also, among other negative effects, forces companies to manufacture off shore in order to be able to sell it's products on a competitive basis in countries that have place tariffs on their products. Harley Davidson is an example of this.
Long term there are other negative effects of a trade war on a global scale. Just google the "Smoot-Hawley Tariff Act" to get an idea of the consequences. I doubt very much that the average citizen in the different countries involved in this type of pissing match will be better off because of it.
BobLife is a terminal illness in the end