Yesterday, 11:18 AM
Is this the kind of delusional crap you “learned” from Ian Fletcher’s book? That big hearted foreign companies, in response to your attempts to mulct them, simply roll over and take it? And not even just take it, they go even further acting like true philanthropists and LOWER their prices just cause they have such charitable hearts? Wow, that’s some real Pollyanna shit right there. It defies common sense and reason.
I hate to break it to you but out here in the real world, where real people are interacting, that is not what actually happens. Let’s take a look at one real life example to illustrate.
Back in 1986 US officials, at the prompting of industry lobbyists no doubt, decided that the American red cedar shake and shingle industry needed a bit of “protection” so they slapped a 35% tariff on red cedar shakes and shingles. At the time the supply of red cedar here in the US was extremely limited so we were importing a lot of our shakes and shingles from Canada. Well the high tariff devastated the Canadian shake and shingle industry. Many Canadian workers lost their jobs. But hey, those are Canadians, right? Who gives a shit about Canadians? Let ‘‘em starve, right?
It turns out that Canadians gave a shit about other Canadians losing THEIR high paying jobs, so Canada retaliated by slapping high tariffs on American computer parts, Christmas trees, tea bags and cider. Naturally that had a negative impact on those American industries. But back to cedar shakes and shingles.
Back here in the US there were a few people who held long-term contracts to purchase cedar at pre-tariff prices. Those guys became millionaires overnight.
Connect With Us