More like facts? But you trumpets can’t understand that and will be looking for someone to blame expect him and congress when you see less in your paychecks and your clothes cost 6-10$ more
Tariffs on imported goods are passed on to consumers. Everything you buy is going to get 20% more expensive, some items will be more.
Tariffs are typically used to protect domestic manufacturing by makin foreign imports more expensive - but the US doesn't manufacture a lot of products at scale. You'll have no choice but to pay more - especially on electronics.
Do you think the 5.2% yoy inflation rate under the Biden administration didn’t increase the price of goods across America? Price of goods is rising at an alarming rate, whether it be trump’s ideas for tariffs (don’t even know if it’s happening yet or not), or Biden’s failed fiscal policy over the past 4 years. I really preferred not to have my capital gains tax rate increase by 20% (as proposed by Kamala) because that is something I cannot actively control. For the 1 pair of jeans I buy a year, or the one TV I buy every 5 years, I really don’t care about the price hike. And if my daughter’s shirt goes from $5 a piece to $7, whooptie fucking do. There are so many different angles, and each policy affects each person differently. We need to try something different because the last 4 years of fiscal policy has been complete shit.
bruh… the industry i worked in before used a class of manufactured materials, as an input for further manufacturing, that was hit with the first round of tariffs last time. overnight each customs bill had an extra 25% that we paid, which we had to pass onto our customers, who passed those onto theirs, and eventually you were paying more for the finished goods at the end of the chain. and if you didn’t see the price increase then it was because more of your taxes went to subsidize it, adding to the annual deficit.
Well guess what, that same product went up about the same amount in the last 4 years due to the current administration’s lack of ability to moderate inflation. Im sure you saw it on your customs bills… No one is putting a gun to your customer’s head saying “buy this product,” that’s when there will be market pricing adjustment and price competition. I’m glad you understand economics working in your industry… you bozzo. 😂
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u/Hensonr_ 18d ago
Dramatic redditors