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> In both cases the consumer is paying price + tariff. Consumers pay all of the operating costs and taxes of a company. That's not the debate. With tariffs, t
by carlosjobim 1y ago
> In both cases the consumer is paying price + tariff.
Consumers pay all of the operating costs and taxes of a company. That's not the debate.
With tariffs, the cost of an imported product becomes higher than a domestically produced product, making consumers purchase the domestically produced product. This is the purpose.
The long-term purpose is that foreign companies start making their products in your country to avoid tariffs and be able to compete.
The discussion about if the buyer or seller pays the tariffs or taxes is non-sensical and a distraction.
- exe34 1y ago> The long-term purpose is that foreign companies start making their products in your country to avoid tariffs and be able to compete. There is no long term in the US anymore. TACO flip flops every few days, based on who he spoke to last.
- carlosjobim 1y agoTrump didn't invent tariffs.
- exe34 1y agoNo other country flip flops like he does - nobody will make any long term plans when they don't know if the tariffs will be there Tuesday, much less in 3.5 years. Business and investment need stability, not histrionic outbursts and foreign policy at 3am.