10 ordinary items hit by Uncle Sam

When you buy some everyday products, including tires and tuna fish, you're stepping into a trade war. Do high import taxes really preserve US jobs and businesses?

 of 12
 of 12

VIDEO ON MSN MONEY

9Comments
Nov 1, 2012 11:23AM
avatar
we could be more competative globally and have little need for the added import taxes if our government would put  a stop to the EPA and let companies make items here to be competative and grow jobs.  anyone here really try to produce anything substantial ?  my god  they are in the way of every aspect of manufacturing.. 
Nov 5, 2012 10:24AM
avatar
I am a manufacturer and there is nothing I would love more than to make my products in the US.  Federal and State regulations plus employee benefit and entitlement programs have forced me to move 98% of my manufacturing offshore or go out of business as Americans are not willing to pay the price of American manufactured goods.  My selling prices are lower today than they were in the 1970's.  All we ask for is a 2% profit margin and for managers and executives to be paid as well as the craft workers we employ.
Nov 5, 2012 9:40AM
avatar
The proposed increase never went into effect on imported Roquefort cheese, yet they're still trying to blame Bush for the current tariff.
Nov 5, 2012 11:04AM
avatar
Tariffs not only effect things like cars and solar panels, they effect raw materials, steel, copper, oil, etc. which in turn leads to more costly goods here which are harder to sell abroad. No, tariffs do not help jobs here in the US. Tariffs are designed to help big businesses stay in business against smaller, more efficient businesses here at home and from cheaper goods abroad. The only thing tariffs do in the long run is hurt consumers. Period. There is no upside to tariffs. Any economist worth his salt will explain this fact to you. Couple tariffs with oppressive governmental regulations and you have the means to destroy an economy which is what our gov't has been trying to do for decades. It is only due to the power of human innovation and somewhat free people that our economy has not  completely been dumped in the toilet. I can only imagine the prosperity we would have seen without gov't intervention. 
Nov 5, 2012 9:03AM
avatar
This  country needs  to  get  RID  of  unions..They  make us  pay  way  too much  for  sorry made  products  ans companies  cant  compete  with  countries  outside  of  the  USA...Fire  ALL unions,NOW...........
Nov 4, 2012 1:04PM
avatar

SOMEONE evidently you have never worked at any place where the company will kill your children for profit we need the EPA and to tell you it is not strong enough i am sure you would not give your children poison in every meal or drink of water it doesn't matter if you are DEAD and your children are DEAD.

Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

Watchlist

Symbol
Last
Change
Shares
Quotes delayed at least 15 min
Sponsored by:

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market ended the Wednesday session on a mixed note with small caps displaying relative strength. The Nasdaq Composite (+0.5%) and Russell 2000 (+0.4%) registered modest gains, while the Dow Jones Industrial Average (-0.2%) and S&P 500 (+0.01%) underperformed.

Despite the mixed finish, the key indices traded higher across the board at the start of the session after the advance reading of second quarter GDP surpassed estimates (4.0% versus Briefing.com ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.