Wednesday, April 26, 2017

Friends don't Tax Friends


The U.S. is about to start a major trade war with incredible tariffs over lumber? Really? See the article Trump slaps first tariffs on Canadian lumber

It was all over the news yesterday about the tariffs ranging from 3 to 24 percent on lumber from Canada. My thought is don't we have enough trouble in the world without picking a senseless fight with one of our closest friends? 

And who is going to pay? 

The American consumer, of course! Our prices will increase while dollars are exchanged by businesses and governments. 

I find it incredible that lawmakers do not realize that businesses do not pay the tariffs--the consumers do! Duh!

Whose prices go up? The consumers prices do!

I do not understand this at all. 

Allegedly, Canada has a high tariff on U.S. dairy products, but wood and milk do not mix. 

-- Bob Doan, Elkridge, MD

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