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Joined 3 years ago
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Cake day: June 7th, 2023

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  • Because, the people who buy the products will have to pay more, which makes them think about the purchase.

    If the tariff is smart, it will cause buyers to buy domestic, because it is now cheaper, or they will import from a different country, which in both cases causes the country that is tariffed to lose business/money.

    If you tariff products that are only available from a specific county then you are just increasing the costs for your own citizens. If the tariffed products are still cheaper than the same thing produced in your own country, then you are just increasing the costs for your own citizens.

    Tariffs work if you’re smart about them. Trump changes the numbers daily on a whim. They hold no substance, there’s nothing behind them.