If 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.world · 3 months ago

If 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?

funkless_eck@sh.itjust.works · edit-2 3 months ago

there’s one layer missing, which is that the US widget makers make their widgets from ingredients and components that don’t exist in the US, if you put a tarrif on everything, you can’t make a $12 US widget any more because widget juice now costs twice as much

immutable@lemm.ee · 3 months ago

Excellent point and kudos to you for knowing that widgets are juiced based.