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"Not Foreign Companies"? They can both pay. Taxes are negative-sum.
by thaumasiotes 1y ago
"Not Foreign Companies"? They can both pay. Taxes are negative-sum.
- gtowey 1y agoThey will not. Because the sellers can sell to another country without the tariff. American buyers have no alternative.
- pessimizer 1y agoAmerican buyers are the pretty girl, because they are in debt up to their ears and constantly taking out more. There's no secret alternative to the American market that everybody was ignoring until tariffs. Everybody else will be getting stuff cheap for a while because countries that are hit with tariffs will have too much production capacity, but those won't be profitable sales. American buyers, however, can buy their products from anyone in the world. They can choose to buy domestically, or to import from countries that have lower tariffs.
- thaumasiotes 1y agoIf selling to another country was just as profitable as selling to America (pre-tariff), they would have already been doing that. You're saying they are paying, but you're labeling paying as "not paying".
- Marsymars 1y agoA bit pedantic, but sin taxes, or taxes on products/services with negative externalities can be positive-sum.