Great Lakes Graphite Inc GLKIF

RE:RE:RE:RE:RE:RE:Graphene video with Versarien

[Floridas2000]

Yes and no.  It does raise the price of asian imports for those products that have a tariff on it.  In that way it hurts the American consumer because they have to pay more for that product.  However it encourages manufacturers / consumers to buy Americain because it's cheaper than Asia.  So Asian products will sell less in one of the biggest consumer markets in the world.  That is where it will hurt Asia.

Economics is tricky though.  A lot of factors go into whether a policy works or not.  I agree that globalization is the way to go.  It's a way to build a strong global economy which helps everyone. I also agree China has the US by the balls on a few things, like rare earths, and that needs to change.  Tariffs is one way of handling that.  Strong government incentives fo develop mining in the US is another.  i agree with you it's the wrong way to go but we won't know until after he's gone and inspect the damage.