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The exporters care because tariffs cause the demand curve for their products to shift to the left. As a result, the exporter can either choose to lower prices o
by hippo22 9mo ago
The exporters care because tariffs cause the demand curve for their products to shift to the left. As a result, the exporter can either choose to lower prices or sell fewer items. If they choose to lower prices, then that means the cost of the tariffs has “passed onto them.”