4 ms·
You say this as if the domestic seller wouldn't also raise prices.
by sowbug 1y ago
You say this as if the domestic seller wouldn't also raise prices.
- Yeul 1y agoI certainly would! If the foreign competition is now cut off I'd raise prices just below them. To do otherwise would be stupid. This is were tariffs can go horribly wrong: it destroys the incentive for competition between companies.