Domestically produced goods might be more expensive than imported ones

Claim

Name

Domestically produced goods might be more expensive than imported ones

Types

Quotes that oppose the claim

"This research estimates that revoking PNTR would decrease U.S. gross domestic product (GDP) by $15.9 billion, decrease total exports by more than 17 percent, and increase consumer prices by 5.9 percent; in the event China retaliates in a reciprocal manner, U.S. GDP would fall by $24.8 billion, total exports would decrease by 44.3 percent, and consumer prices would rise by 5.2 percent."

Referenced by

Removal of China's MFN status will encourage consumers and businesses in the U.S. to buy domestically produced goods

US Politics

Voting position claim