Eh. Foreign consumers bear a portion of the direct cost due to our exchange rate adjustment, and foreign countries also bear a portion of the deadweight loss due to reduced exports
copperblood on
MAGA be like

FlipFlopFlippy on
This kind of simple truth can only result in MAGAt head explosion.
yyz5748 on
I heard, the exporter is also taking some of the hit as well as the importer
mundza on
I heard China were paying them all. Are you telling me I’ve been lied to?
ContributionNext4918 on
This is so funny
Top_Length9887 on
It is amazing that so few Americans understand how tariffs work. The only way that the foreign “partner” will feel the effects is either through the request by the American “partner” to renegotiate contractural arrangements to “share” the cost, or through the reduction of orders from the American “partner”. It is essentially a delayed effect for the foreign “partner”. The immediate clobbering is to the American company who has locked himself into an “outsourced” production chain. Either he eats the costs until he can’t, or he immediately adjusts his pricing of the end product to earn back what he payed to claim his property at the port of entry.
Affectionate-Dot1962 on
is this a shitpost
Rare_Cream1022 on
Hahahaaj
Rare_Cream1022 on
MAGA is so dumb they be cheering while getting scammed
play_hard_outside on
What ’bout Hawaii??? *Oh, it’s just some island in the Pacific, actually.*
herefornowzz on
Suckers!
DataWhiskers on
Neoliberals losing their minds anytime anyone goes against Reaganomics.
15 Comments
Upvotes for truth
Eh. Foreign consumers bear a portion of the direct cost due to our exchange rate adjustment, and foreign countries also bear a portion of the deadweight loss due to reduced exports
MAGA be like

This kind of simple truth can only result in MAGAt head explosion.
I heard, the exporter is also taking some of the hit as well as the importer
I heard China were paying them all. Are you telling me I’ve been lied to?
This is so funny
It is amazing that so few Americans understand how tariffs work. The only way that the foreign “partner” will feel the effects is either through the request by the American “partner” to renegotiate contractural arrangements to “share” the cost, or through the reduction of orders from the American “partner”. It is essentially a delayed effect for the foreign “partner”. The immediate clobbering is to the American company who has locked himself into an “outsourced” production chain. Either he eats the costs until he can’t, or he immediately adjusts his pricing of the end product to earn back what he payed to claim his property at the port of entry.
is this a shitpost
Hahahaaj
MAGA is so dumb they be cheering while getting scammed
What ’bout Hawaii??? *Oh, it’s just some island in the Pacific, actually.*
Suckers!
Neoliberals losing their minds anytime anyone goes against Reaganomics.
Is that country stupid or something?!?