Tariff

THE COMMENTARY GAZETTE

Sticky word that, almost evokes a sense of alarm. Here comes the Tariff, run. Its an old word, used I would say since Cain charged Abel a fee for the salads. But, its not really a word to strike fear and dread (as some would have) amongst the “common folk”, fear and dread of what. Face it, high finance has been controlling the import/export exchange for centuries and the people have done nothing to change that, or could if they tried. The way inter-state foreign businesses are ran, is a wheeler-dealer world of intrigue and “James Bondian” secrecy. To wit some in the government seem hell bent on placating the world at the expense of the American working people. Why? Good question, one I am unable to answer, or even attempt to understand.

Tariffs, as mentioned above are not new. Nor, is the U. S. the first or only country applying them to their commerce. The World Trade Organization (WTO) seems to be the regulator of such agreements or at least from what I can glean, at least the percent allowed watch dog. But check it out yourself, at the site, they even have a data base downloadable or so they say. WTO.Org  then search tariff. You may be amazed at what you find.

The U. S. manufactures pay high tariffs on their exported goods in some countries, which are duty free in the U. S.. Which in some way may explain industry leaving the U. S. and shipping back , cheaper?

It seems that saying anything “American” these days in totally unacceptable, from the flag, the anthem, or even as a citizen. But as history has shown us before, all things run their course and then just seem to fade away.

Thank you for taking the time to read this.

Tariff: a duty levied by a government on imported or exported goods

CONTRIBUTOR: Eddy Toorall

(UPDATE 04-08-2018)

A lot of speculation about the rise in the price of goods in the U. S. has let me to comment further. I’ve watched the television which in an effort to produce a fear factor in the public about a “trade war”, the only fear I see is the fact we are a debtor nation, meaning we pay out  more for trade than what we receive. The whole sale price of some items may at first seem to soar, but think about this, it’s only because we don’t make those items any longer, and are forced to import. Once the internal industrial production is restored the prices will level and perhaps even be reduced. We have in the last four decades (since the 1980’s) slowly but surely lost our ability to self sustain our own consumer products. The Idea of ” outsourcing” seemed a great way to broaden the American dream (I suppose); but to me it seems to have only impoverished the country. It’s difficult to buy a $1,000 mobile phone when you don’t have a job.

Thank you again

(Eddy)

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