US President Donald Trump told world business leaders on Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week. … “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said today, speaking remotely to the World Economic Forum (WEF) in Davos, Switzerland.
“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he added.
Funny that, I do oppose carbon taxes that are not the sole responsibility of the company PRODUCING the emissions.
The carbon tax is obligatory by the company. The company puts it on top of the price. The consumer price increases by the value of the carbon tax.
It is the same thing. It does not matter whether a tax is “paid by the consumer” or “paid by the producer” it always ends up being part of the price of the product that the consumer pays.