Sorry, China. Most Americans Support Higher Prices On Your Imports.

  • Date: 25-Apr-2022
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Sorry, China. Most Americans Support Higher Prices On Your Imports.

China is the source of most goods sold in shopping malls across America. It is the country's biggest ... [+] trade deficit, mostly thanks to the decisions of American corporations and Congress, and not Beijing. (Allen J. Schaben / Los Angeles Times via Getty Images) An overwhelming number of U. S. registered voters say they support higher tariffs on goods imported from China. According to a poll released this week by Morning Consult, 73% of survey respondents said they support the U. S. government using trade remedies on China to protect U. S. industries and American workers with a similar high number — 71% — supporting the trade war tariffs imposed on $250 billion worth of China imports during the Trump administration. Even with inflation at levels not seen since the 1970s, American voters seem willing to force companies to import from elsewhere or make it locally instead. "I am not surprised by these numbers," says Harsh Khurana, CEO of WeCultivate, a tech company funded in part by Mark Cuban, that works as a browser extension on Amazon AMZN to show consumers American-made products. "Tariffs hurt the American consumer more than they hurt China's manufacturing because the price increase gets