Over the weekend a study came out here which showed that the price of dryers (washers too by the way) had risen by an average of US$ 90.00 per machine. Following the imposition of tariffs (and aluminum too) on washing machines, some manufacturing was relocated to the US. It is estimated that nearly 2,000 jobs were created. As an individual that is suddenly working at manufacturing washing machines in the US, for them it's a good thing -- they have a job. For everyone else (who is buying a washing machine) its a bad thing. The number came out and what was surprising is that after years of falling prices for washer&dryers the price suddenly shot up. In fact, and that's the interesting part, not only did the price of foreign washing machine rise, so did the price of domestic ones. The total cost of the tariffs has been estimated at US$ 1.5 billion -- the Treasury department got about US$ 78 million and the rest was for the benefits of the new wo...
Life of a Norfolk farmer