4 ms·

So “tariffs” wouldn’t make much sense then and would be paid entirely by European businesses and consumers?

• varjag 2y ago
  Tariffs are always paid by the businesses and consumers. That said, service hosting is a solved problem in 2025 and is mostly a matter of capital allocation. If it comes to a trade war, it's an easy way to eliminate overseas competition that dominates the established market in favor of local actors.
  • wqaatwt 2y ago
    Well obviously but the idea is that if tariffs achieve their intended purpose (i.e. increase local production and competitiveness) those costs incurred by the consumers are at least partially compensated through higher wages.