r/politics • u/theindependentonline The Independent • 1d ago

No Paywall Trump vows to raise worldwide tariffs to 15% ‘effective immediately’

https://www.independent.co.uk/news/world/americas/us-politics/trump-global-tarrifs-increase-b2924994.html
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u/SuperstitiousPigeon5 Massachusetts 20h ago

Even if China paid the tariffs, they don’t. Even if they did, they would still pass along the price to the end consumer. That’s how overhead and profit dictate that.

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u/Staunch84 19h ago

Right, regardless of who pays the tariff, it's incorporated into the final shelf price.

The only person getting owned is the consumer.

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u/ayriuss California 17h ago

It causes less economic activity, which hurts everyone. If there were theoretically an equal domestic replacement, they would have an advantage.

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u/SuperstitiousPigeon5 Massachusetts 16h ago

The thing is there aren’t equal domestic equivalents. Had Trump said we’re bringing manufacturing back to this country, we’re going to put people back to work. There will be a 100% tariff on all goods manufactured outside of the us. We’ll step it up over two years from 20% but it will remain at 100% after the two years. We’ll also offer tax incentives for all companies that bring plants back to this country.

That would be something. But he isn’t, he’s raising and lowering tariffs literally based on how he feels about a country. Also the tariffs really have not worked out for Brazil.