Quote:
Originally Posted by glend
I wonder what affect Donald Trump's just announced 25% tariff on Chinese tech related (maybe including optics) products will have on all the astro gear: scopes, mounts, etc now manufactured in China. This may have more impact, certainly in the US market, in the longer run than a per box levy. If lower production volumes in China drive up unit prices, our costs could rise, although this will take years to play out.
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Trump is an idiot, the Chinese will still be getting their asking price for the goods supplied. The US consumer will be paying the 25% tariff.
Why, because for decades the USA owes trillions of $$$ and can't pay it back. In fact every 3 months they have to beg Congress so they can borrow some more.
So this Trump strategy is a smokescreen, making it look tough on China, when in fact it is an effort to get the US consumer to help pay off the USA debt.