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xxX6hacke9rXxx
searching PlanetScale…
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by
xxX6hacke9rXxx
2y ago
In a thread about tariffs, praising the value of Tunisian olive oil and lamenting the rough state of its producers while saying you’d happily pay the tax increase it seem like you misunderstand what tariffs will actually do. Based on the re
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xxX6hacke9rXxx
2y ago
I did not misread. He used `undervalued` which implies that there is a difference between quality of the product and its price. Slapping on 38% tax to Tunisian olive will undermine this value proposition without improving the producer or th
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xxX6hacke9rXxx
2y ago
Except none of that 38% extra in price is going to the farmers. It's a tax not extra profit for the producer. Crazy how many people still do not know how tariffs work.