The consumer is not paying the tariffs. That’s a ridiculously bad take.
Discussion
I mean, I do this for a living and looked at the data. Consumers and businesses are currently splitting most of it. Import prices aren’t down at all.
Also if you ask most AI models “based on as broad analysis as possible, who is paying the bulk of the tariffs: us consumers, us businesses, or foreign exporters?” it’ll tell you mostly the first two.
But happy to see your counterpoints.
Of course import prices aren't down. Competition has already squeezed out all margins available.
The idea of import taxes, officially, isn't to bilk foreign producers out of available funds they're somehow withholding. Taxes are meant to encourage local production that replaces imports. That, of course, is easier said than done.
and they haven't done it so where still paying
"we're still paying"? yes onshoring the industrial base takes ages. and it's not clear import tariffs will stay high, what with this just being the president throwing a tantrum.
lol, do you have data that shows otherwise? or you just a trump worshipper who has too much conservative news brain rot?
He’s a Trump worshipper
Enlighten us
That’s funny, because I recently purchased something and it literally had a tariff charge added to it 🤔🤔
As someone who works for a company that bring in consumer goods from Asia, I can confirm that the tariff increases resulted in a customer cost increase.
So you're saying that tarrifs are magical? That the money comes from no where and no one has to pay them?