2 ms·
Of course. Prices will go up. Consumers will start to look for alternatives that don't carry the tariff. That's what tariffs are designed to do.
by jacknews 2y ago
Of course.
Prices will go up.
Consumers will start to look for alternatives that don't carry the tariff.
That's what tariffs are designed to do.
- MrHamburger 2y agoBut if alternatives are using input material which is under tariffs, then even tariffed goods will be better deal than such alternatives.
- jacknews 2y agoI'm not sure I follow the logic, unless absolutely all the inputs are under tariff. But in any case, where there's an incentive, there's a way. Alternative inputs will be sought.
- MrHamburger 2y agoCheap inputs + cheap labor + tariffs will be still cheaper than same goods using expensive (tariffed) inputs + expensive labor