Realistically though, that's how tariffs just work. With products costing more, theoretically that should drive demand down and eventually lead to fewer imports. Of course, if there's still no competing product or the product is a basic necessity, then it'll likely just result in people paying more.
this post was submitted on 23 Nov 2024
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Duuuh. Did they really think the company would just eat the additional costs? What a bunch of maroons.
They thought the exporting country/company would pay for it.
and without raising the price they sell it at. which is just many millions of sad examples of how 'effective' the republicants war on public education has been.
I figured everyone already knew this. Tariffs just screw consumers.
Hearing more and more stories about companies cutting bonuses this year so they can buy more supplies now at cheaper prices. They know the prices will go up and they'll have to pass the increase to the consumers. But how much you wanna bet these companies will still raise prices even before they have to pay their tariff increases? They're gonna get extra money on the supplies they paid the lower prices on.
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I have a trick to get others to pay it for me:
The good thing about Trump is that other countries will try to get more independent from the US.
Welp,time to trade my cheaply made Chinese shit to expensively made cheap american shit.