this post was submitted on 18 May 2025
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Economics
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i thought the tariff charges would make the owners feel the pain until the jobs became local. why am I being charged more??
/s of course.
What I dont understand at this point is in their world view what does it matter WHO pays the tariff, the increases are always going to hit the consumer somehow.
Importer raises prices for customer to covers tariff charge.
Exporter raises prices for importer to cover tariff charge. Increase costs for importer are passed down to the consumer.
Fuuuuuuuck
The magans were told/promised/"explained" that "chaina" would pay the tariffs, as in give extra money on evey product it ships to the US.
As of very recently, there is an attempt to flip the story where companies make so much profit they can easily eat the tariffs instead of passing them to the consumer.
it’s manufactured consent to keep ire away from the dictator doing the tariffs and on the corporations. i can only hope it radicalizes some into realizing the problem is capitalism that dictates how the corps react to the tariffs.
That one screenshot with comment 'I thought tariff was taxes on foreign countries', I can't tell if that is sarcasm or not.
It is not.
The average Trump voter truly thinks tarrifs = "That country pays us money".
"Thinks" is being quite generous here I feel.
Where are all the "do my own research" mofos now? Would be nice if they did that and learned about economics...
They don't like lemmy because they don't understand federation. So they think the "300 users a day" on a post, means that is everyone across all instances.
No "/s" needed, Trump said that Wal-Mart should eat the tariffs.