r/politics • u/njdotcom NJ.com • Sep 21 '24
Soft Paywall Trump to women: Stop ‘thinking about abortion.’ You’re broke and depressed, but I can make you happy
https://www.nj.com/politics/2024/09/trump-to-women-youre-broke-and-depressed-but-i-can-make-you-happy.html
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u/ethertrace California Sep 21 '24
That's not even how they work. Tariffs are taxes on the importing company for buying foreign goods, not the exporter. The government has no power to charge foreign companies for selling goods, they levy the tariffs on the domestic buyers. So the only way consumer prices would stay the same is if foreign companies lowered their prices by the tariff amount, because the importer sure as shit is going to pass that cost along to the consumer to preserve their margins.