It will never cease to amaze me how stupid people are. How in the everliving goddamn fuck could a tex on imports ever lower prices?
If you want to have domestic products you'll need to end outsourcing and do industrial policy. These things don't spring up over night and this just proves that Trump has no fucking clue about business, economy or trade. He's running this like a mob boss and is just trying to force countries to bend the knee and kiss the ring so that he'll make the tariff go away. He will destroy the US economy to give himself an ego boost.
A LOT of trump supporters think the country the import is coming from pays the tax. Rather than the consumer here. They just don't understand how anything works.
That is the biggest thing I dont get about it. Even if you dont fully understand tariffs, and think that it is someone else in the chain having to pay the tariffs. Do they just think they will sell stuff for less profit or even a loss.
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u/embiors 1d ago
It will never cease to amaze me how stupid people are. How in the everliving goddamn fuck could a tex on imports ever lower prices?
If you want to have domestic products you'll need to end outsourcing and do industrial policy. These things don't spring up over night and this just proves that Trump has no fucking clue about business, economy or trade. He's running this like a mob boss and is just trying to force countries to bend the knee and kiss the ring so that he'll make the tariff go away. He will destroy the US economy to give himself an ego boost.