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
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.
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.