this post was submitted on 18 May 2025
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Economics

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‘It’s real y’all’: People are sharing their tariff receipts, and my wallet is not ready for what’s coming (www.buzzfeed.com)
submitted 11 months ago by MicroWave@lemmy.world to c/economics@lemmy.world
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[–] rimu@piefed.social 6 points 11 months ago (1 children)

I wonder if the surplus goods that would have been sent to USA will instead flood other markets and bring down prices there.

[–] jwt@programming.dev 2 points 11 months ago

That's what some Europeans are fearing (while lower prices are neat in the short run, expectations are European businesses will suffer the consequences of those surplus dumps).