steveflex7 Posted June 7, 2012 Report Share Posted June 7, 2012 I have been thinking about this for a bit. If I am a citizen who lives in Iraq and is living in poverty, how am I going to be able to pay a 50% import tax on goods I need to survive. Since Iraq imports just about everything, how will this be allowed to happen without a substantial change in the monetary policy? Does this new tariff law mean that an apple that was $1 is going to now cost me $1.50 after the implementation of the new tariff law? This doesn't seem feasible to me, I just wanted to hear your thoughts on this DV members. Thanks ! 1 Link to comment Share on other sites More sharing options...
upnorth Posted June 7, 2012 Report Share Posted June 7, 2012 I believe they stated that there would be no tariffs on food and clothing or any items that affect the poor. At least that is what I read in one of the news articles, of course who knows for sure. Link to comment Share on other sites More sharing options...
BobCoss Posted June 7, 2012 Report Share Posted June 7, 2012 Many people have stated that the tariff's point to an imminent RV. Is it possible that they are designed to force companies to build manufacturing facilities inside of Iraq & employ Iraqi's in order to get around import tariffs, much like foreign car companies now manufacture their cars here in the US? 1 Link to comment Share on other sites More sharing options...
steveflex7 Posted June 8, 2012 Author Report Share Posted June 8, 2012 bump Link to comment Share on other sites More sharing options...
Recommended Posts