Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 27 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 · 27 days agomessage-square79fedilink
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up1arrow-down1·26 days agoTrue. There will likely be retaliatory tariffs hurting our exports too. But our exports are smaller than our imports currently, so currently it doesn’t hurt us as much.
True. There will likely be retaliatory tariffs hurting our exports too. But our exports are smaller than our imports currently, so currently it doesn’t hurt us as much.