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There will be no shortages. Prices will hike and then discounts will appear. The market will seek equilibrium as prices and buyers negotiate the new landscape.
by jdkee 1y ago
There will be no shortages. Prices will hike and then discounts will appear. The market will seek equilibrium as prices and buyers negotiate the new landscape.
- KnuthIsGod 1y agoAnd you know this because...
- bigyabai 1y ago> Prices will hike and then discounts will appear. I don't recall that happening with eggs/poultry, computer parts, electronics, electric vehicles or clothing. Tariffs aren't put in place to handle a trade surplus, the "equilibrium" you're describing is very distinctly outside America's control. American businesses can't compete abroad going up against China. Even military threats just give more credence to a new global order, reinforcing the importance of NATO to America's trade partners. We don't have the price controls required to make these choices.
- plantwallshoe 1y agoI agree probably no shortage on bicycles. People will just not buy the bikes and the shops will go out of business.