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>Rather than undercutting foreign goods on price, local manufacturing raised their prices to absorb extra profit. For another source on this point quoted above
by sigmar 2y ago
>Rather than undercutting foreign goods on price, local manufacturing raised their prices to absorb extra profit.
For another source on this point quoted above- (and for people that prefer video explainers) the wall street journal covered how domestically produced washers/dryers went up in price after those tariffs: https://youtu.be/_-eHOSq3oqI?t=102 https://youtu.be/_-eHOSq3oqI?t=102