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I made a lot of purchases following the election in anticipation of this. Most of Trumps policies are inflationary so it won’t just be electronics that increase
by wumeow 2y ago
I made a lot of purchases following the election in anticipation of this. Most of Trumps policies are inflationary so it won’t just be electronics that increase in price. Ironic considering inflation was front of mind for many of his supporters.
- rsynnott 2y agoOf course, if enough people (and especially if enough companies) do that, then that _in itself_ can cause market distortion. In the UK, from about 2018 on, all available warehouse space was filled as companies stockpiled to withstand a possible Brexit (in the end, Brexit, as a practical trade matter, didn't happen til 2022, when the main customs transition periods started expiring, so quite a lot of that stockpiling was wasted cost/effort). Interestingly, this likely means that even if these tariffs never happen at all, they will _still_ do damage, because companies will have to treat them somewhat as if they might happen, and thus do things which do not make sense in the scenario where they do not happen.