There is no possible way for anyone to foresee the totality of effects from a serious trade war with China, but I can assure you, it will be far worse than a lack of junk on store shelves.
Seems pretty paternalistic to me. Why not let people decide for themselves whether they "actually need" the $5 plastic trinket from china? Do you not trust adults to make informed decisions on what they're buying?
The free rational market has no way to price these in.
Tobacco and alcohol, both of which have objective, measurable negative health outcomes supported by decades of research, versus some vague notion of "junk products" as defined by... who? And this is without even getting into the fact that the tariffs will raise the price of everything, not just these supposed "junk products."
So if the only lever you have to affect consumers is price, then you must factor in the negative factors with higher prices.
i.e. If the price is supposed to be a lever for labor conditions, why just tax China heavily and not Bangladesh?
Why tax more fuel-efficient European cars instead of American-Built Jeep Grand Cherokees?
And if reducing plastic waste is the priority, why would Trump's day include unbanning plastic straws?
Answer: It's not actually about reducing negative externalities, it's about geopolitics, otherwise it wouldn't be so negatively weighted towards a single actor.
The US does not tax trash, it taxes the origin of products. That applies regardless of if it's good or bad.
For example, buying solar panels is probably good for the environment and public health. On the other hand, buying sugary sodas is probably not so good for your health and maybe has some minor negative environmental impact. Most things are more complicated; running shoes might be good for your health and bad for the environment.
The tarrifs are just a blanket tax on all consumption, so I imagine the effects will be a wash. We’re getting rid of the good and bad.
In defense of those who may sincerely disagree, they may frequent higher quality retail than the bulk of U.S. shoppers.
I don't as such disagree with you that the junk needs to go, but there's also a big difference between a $2000 Lenovo laptop, made in China, and a $0.50 gadget, sold for $10, also made in China. You'd need to disincentivize companies from sell these products to consumers, then the flow of Chinese junk will stop.
If this administration cared at all about the environment, they wouldn't be opening up public land for oil drilling or firing hundreds of scientists working on climate reports as mandated by Congress [1].
[1] https://www.cbsnews.com/news/national-climate-assessment-rep...
It's funny that the same party that likes to warn of "you will own nothing and be happy" is now defending economic policy that will decrease material wealth, but it's ok because it is "good for you" to practice having less.
Then furthest in the back you have the fresh produce: Eggs, vegetables, meat and chicken, fish sometimes, dairy and bread. The good stuff.
Now look down the shopping carts of your fellow shoppers: Filled to the brim with big boxes of the most unhealthy sewage on offer. They are subsidizing your shopping for quality ingredients from near and far.
I think it's the same with other stores. The low quality junk that appeals to the average shopper is subsidizing the quality niche item that you need to buy.
Thank you. I didn't realize until now that some cultures/regions distinguish between meat and chicken. Had to turn 41 for learning this.
How dare you question the free hand of the market!