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this post was submitted on 17 Mar 2025
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Leopards Ate My Face
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"Doing your own research" means watching one or two YouTube videos or Facebook posts as far as these people are concerned. No thought for themselves, just parrot what you hear.
Hey, you have to factor in things like market capture! They could be operating entirely at a loss just to ensure no other competitor can operate in the same market.
(/s because duh more cost = more price)
I think what you're missing might be that you're assuming that the producers stay the same over time. I.e. if it costs more to get that product to you from China, then an US company would produce it instead in the future to circumvent the tariffs. That brings labor/jobs to the US. I think that is the idea behind the tariffs. Any questions left?
Assuming availability of goods and materials (which isn't a given but let's pretend it is) the friction there is set up costs in a fickle, unstable legislative environment in which tarrifs can be withdrawn at any time.
who says the tariffs are going to be withdrawn? lol
Are we watching the same shitshow? He changes his mind more often than he changes his socks.
Starting a business based on the whims and promises of Trump would be rather foolish.
In his last presidency some of the industries amping for tarrifs just got their faces eaten.
What kills me is that we shouldn't be researching a thing that was taught in school.
Actual footage of us GenX kids learning about The Hawley-Smoot Tariff Act.
What do you tell the people who are in fact thinking themselves and concluding that:
adding tariffs is a good thing for the US workers. for one, it ensures that resources (like aluminum) are being sourced from within the US, adding extra mining jobs. For two, it means that complex goods tend to be manufactured/assembled within the US, again adding labor/assembly jobs. For three, why should the product become more expensive to the end user if it's the same production process being employed?