Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 1 month agoIf Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?message-squaremessage-square8fedilinkarrow-up12
arrow-up12message-squareIf Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 1 month agomessage-square8fedilink
minus-squareMyPornViewingAccount@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoYoure got the right conclusion, wrong start. Tariffs are taxes paid by the company doing the importing, not the country. If my company buys shirts from Canada, its not the canadians that pay that tax, its my company. And you can bet your ass im raising my prices.
Youre got the right conclusion, wrong start.
Tariffs are taxes paid by the company doing the importing, not the country.
If my company buys shirts from Canada, its not the canadians that pay that tax, its my company. And you can bet your ass im raising my prices.