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Why do you think BMW was happy you paid a tariff? It means their cars are more expensive than they need to be, and therefore their volumes (and profits) are low
by WheatMillington 2y ago
Why do you think BMW was happy you paid a tariff? It means their cars are more expensive than they need to be, and therefore their volumes (and profits) are lower.
- Aeolun 2y agoBMW doesn’t get the tarriff anyway. Why would they be happy about it?
- ToDougie 2y agoGermany gets the tariff, and the people keep voting for the politicians who support it, so.......... I suppose the Germans are happy?
- Photato 2y agoWhy on earth would you think Germany gets to collect a tariff that the US imposes on imported goods. It makes zero sense. The US collects the tariff. It's effectively an extra tax citizens pay for imported goods. It hurts the people and it hurts the companies producing the goods.
- andrepd 2y agoGuess it's not just "hillbillies" and rubes who don't know how tariffs work, it's also "very educated" people in hackernews telling us about "simple simple stuff"!
- Aeolun 2y agoEnlighten us, oh wonderful wizard. Why does Germany get taxes the US imposes? The whole point is that people buy shit from the US by making the German stuff more expensive.
- deleted 2y ago[deleted]