Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 26 days 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-square79fedilinkarrow-up1188arrow-down113
arrow-up1175arrow-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 · 26 days agomessage-square79fedilink
minus-squareMyPornViewingAccount@lemmy.worldlinkfedilinkEnglisharrow-up52arrow-down1·26 days 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.
minus-squareMissJinx@lemmy.worldlinkfedilinkEnglisharrow-up13arrow-down1·26 days agoIt’s not that it also hurt americans, it Only hurt americans… and maybe one or another country that really rely on american imports…like china
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·25 days agoYou mean that rely on exports to America?
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.
It’s not that it also hurt americans, it Only hurt americans… and maybe one or another country that really rely on american imports…like china
You mean that rely on exports to America?