cm0002@lemmings.world to United States | News & Politics@midwest.social · 2 days agoUS tariffs are paid almost entirely by Americans, a German study findswww.businessinsider.comexternal-linkmessage-square23fedilinkarrow-up138arrow-down11cross-posted to: [email protected]
arrow-up137arrow-down1external-linkUS tariffs are paid almost entirely by Americans, a German study findswww.businessinsider.comcm0002@lemmings.world to United States | News & Politics@midwest.social · 2 days agomessage-square23fedilinkcross-posted to: [email protected]
minus-squarejagermo@feddit.orglinkfedilinkarrow-up4·2 days agoI mean, tariffs can work if you have an industry to protect or local alternatives and use them with intend. But if you don’t, stuff is just going to be more expensive. This is frying my brain! And I ain’t that smart!
minus-squareJännät@sopuli.xyzlinkfedilinkarrow-up2·24 hours agoOh yeah absolutely, but that’s not very often the case anymore in a globalised world, especially when the tariffs apply to your industrial inputs too
I mean, tariffs can work if you have an industry to protect or local alternatives and use them with intend. But if you don’t, stuff is just going to be more expensive. This is frying my brain! And I ain’t that smart!
Oh yeah absolutely, but that’s not very often the case anymore in a globalised world, especially when the tariffs apply to your industrial inputs too