Trade war will cost average family $1277 this year.
Yes, there is a premium when products are made in places with 1st World labor and pollution laws. It will always be cheaper to buy products made by slaves and where environmental effects are ignored. The gains, however, are on the employment side with higher wages to match the higher prices. In some cases, like Apple, where the product is already maxed out at what the market will bear (with an extreme premium over manufacturing cost), Apple will make less profit but more American workers will benefit.
HuffPost's methodology seems to be taking the amount raised in tariffs and dividing that by the number of households in America. What they fail to print is that this amount directly offsets the taxes and/or debt that America would pay. Namely Orangeman bad.
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