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Message: <blockquote data-quote="Davy Crockett" data-source="post: 489078" data-attributes="member: 367">Now that I'm here , let me ask you guys a question .   How do you like paying for the tariffs that were supposed to be the art of the deal that was going to turn the ship around ?   It's another tax on us citizens.  We are being played by both sides,  theres no doubt in my mind.  Iv'e never liked being a sucker. Most economists agree that while U.S. tariffs have successfully generated significant federal revenue, they have generally not been "good" for the broader economy. They have led to higher consumer prices, disrupted supply chains, and reduced overall economic growth. Tax Foundation +3The impact of these trade policies is characterized by both benefits and drawbacks:<ul> <li data-xf-list-type="ul">Revenue Generation: Tariffs have successfully brought in billions of dollars in gross revenue for the U.S. government, though this has come primarily in the form of taxes paid by American businesses and consumers.</li> <li data-xf-list-type="ul">Consumer Costs: Because importers pass these surcharges down the supply chain, tariffs have contributed to higher retail prices and inflation for everyday goods.</li> <li data-xf-list-type="ul">Economic Drag: Macroeconomic models indicate that tariffs result in a net reduction in long-run U.S. GDP. They can make American manufacturing less competitive globally and can invite retaliatory tariffs from other countries.</li> <li data-xf-list-type="ul">Supply Chain Disruption: Instead of strictly reinvigorating domestic factories, tariffs have frequently caused businesses to delay purchases or restructure their supply chains to navigate the levies</li> </ul></blockquote>

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