this post was submitted on 07 Nov 2024
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So American companies make the goods at the current prices which are now relatively lower than the imports, but still the same or more than they are priced now.
Tariffs always increase prices overall.
Correct, tariffs increase prices.
Ideally to more than what they would be if they were made by American workers in American factories. Otherwise there's no point and you're just increasing prices out of spite.
But we're relying on a lot of landlords to go "fair enough, we'll lower our rents so you can buy those American goods at their new higher prices" rather than going "no, go fuck yourselves". And I feel that's unrealistic.
But whatever, turkeys voting for Christmas is not a new thing and I'm sure they'll find a way to blame it on immigrants or gays or something.
Rationally implemented tariffs to keep people employed by countering foreign imports is the goal, since it is hard to complete on price with slave labor that is common in things like clothing manufacturing. It doesn't have anything to do with landlords.
Obviously Trump is not proposing rationally implemented tariffs.