Originally Posted by
David Kumm
US Tariffs on average are something like 60% of the average foreign tariff so it is time to look at the system. In my town we produce paper and cranberries. Europe imposes a 22% tariff on our cranberry products. Eu can't grow their own so its not like they are protecting their own industry. Our paper mills were shutting down and sitting idle due to the influx of Chinese paper. Recently a mill was bought by Nine Dragons, a large Chinese company who is putting a lot of money back into it. The reason is fear of tariffs on Chinese paper. There will be winners and losers short term but the goal should be long term. Other countries tend to be better at the long view. Dave