minus-squareblazera@lemmy.worldtoExplain Like I'm Five@lemmy.world•If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?linkfedilinkEnglisharrow-up3arrow-down3·5 months agoI aint here to defend the tariffs, just provide some basic economic literacy. If alternative suppliers arent possible, why arent they charging more already? linkfedilink
minus-squareblazera@lemmy.worldtoExplain Like I'm Five@lemmy.world•If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?linkfedilinkEnglisharrow-up2arrow-down9·5 months agoHigher prices incentivises alternative suppliers. linkfedilink
I aint here to defend the tariffs, just provide some basic economic literacy. If alternative suppliers arent possible, why arent they charging more already?