Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 3 months 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-square11fedilinkarrow-up15arrow-down10
arrow-up15arrow-down1message-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 · 3 months agomessage-square11fedilink
minus-squareMyPornViewingAccount@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months 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.