4 ms·
> You can’t raise prices beyond value or no one will buy it. Arguably, that's precisely the aim of some of these tariffs. Price the foreign imports out of the
by Angostura 2y ago
> You can’t raise prices beyond value or no one will buy it.
Arguably, that's precisely the aim of some of these tariffs. Price the foreign imports out of the market
- Jtsummers 2y agoWhich could work if there were domestic alternatives or the capacity to produce domestic alternatives. The US lacks the apparel manufacturing capacity to takeover from the countries being hit with the current very high tariffs. We also lack the environmental factors to take over growing (ignoring the years needed to get started) coffee and vanilla and many other agricultural products.