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Why I hate tariffs

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Company in EU sent me an amplifier to review. It arrived a week or two ago. Today UPS sends me a bill. Claims that 10 cents, yes, 10 cents is due for tariffs. But they add $14 for processing. :( Imagine buying a $7 item. The processing fee alone is 200%. I guess the only good thing is that they charge nearly half as much as DHL.
 
So we create a problem with tariffs and when countries respond, we do it again???


"President Donald Trump said Friday he would impose a 100% tariff on China “over and above any Tariff they are currently paying” effective November 1 – massively escalating his trade war amid a heated dispute over export controls on rare earths."

It is one emotional action after another. How many times have China imports been adjusted up and down? I have lost count.

Did we not think through that they would use their world monopoly which they created through long term planning to get back at us? Wouldn't the better idea than tariffs be investments to assure our supply of rare earth independent of China?

Meanwhile our farmers have not sold a single soy bean this year to China and we have to pony up our tax dollars to compensate them. Not a lick of benefit has come from tariffs. :(
 
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