Yes it's a tax on consumption and when applied to everything the same way it's essentially a VAT. The admin keeps telling that EU will pay, India will pay but a

Yes it's a tax on consumption and when applied to everything the same way it's essentially a VAT. The admin keeps telling that EU will pay, India will pay but at best they can do is to weaken their currency so the goods become cheeper and it compensates for the tariffs US importers pay. Arguably, US consumers are super consumers and maybe it will be better for everyone if Americans consume a bit less? I don't think that it should be necessarily bad for business, maybe it's time to switch to world building instead of consuming, maybe as so many people works so hard we as species should gradually move on to use our output for longer and enrich our lives with each new tool instead of consume more and more and keep working the same or more. Eastern Europeans are or used to be a bit likte that, have a slow paced life, have low GDP output, on paper economy and everything is bad but actually have a great life if you have a house with a garden and some stuff you bought 30 years ago and still functioning good enough.