Leopards Ate My Face

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OP is shocked that an import tax is not paid by the exporter (lemmy.world)

submitted 9 months ago by Wispy2891@lemmy.world to c/leopardsatemyface@lemmy.world

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Was he actually thinking that those $450 were just gifted by the exporter?

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[–] kaotic@lemmy.world 8 points 9 months ago (3 children)

Even the thing you expected would have been stupid for you 🤣

But this is the key piece of information MAGA fails to realize: if you make things more expensive for the manufacturer, the price goes up so they can remain profitable.

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[–] NutWrench@lemmy.ml 4 points 9 months ago (1 child)

MAGAs love the idea of Trump using tariffs to "punish" the countries they don't like until they find out that those countries don't actually pay the tariffs. The consumer does.

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[–] kaotic@lemmy.world 3 points 9 months ago

Absolutely, but what I find particularly frustrating is their lack of understanding about how businesses always pass on operating costs. They must factor all these expenses into the price of goods, so even if they somehow managed to make foreign manufacturers pay the tariffs, the price of said products would still reflect their production costs.

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[–] hanrahan@slrpnk.net 3 points 9 months ago

The argument by even supposedly slightly saner folks like Besset was all companies would absorb the cost and therefore win win and to be fair many of them have.

https://www.forbes.com/councils/forbesbusinesscouncil/2025/06/25/what-b2b-businesses-should-consider-before-absorbing-tariff-costs/

We’ve seen companies like Home Depot publicly declare it won't pass along tariff-related increases to consumers.

https://www.project-syndicate.org/commentary/scott-bessent-is-underestimating-the-risk-of-a-us-treasury-selloff-by-desmond-lachman-2026-01

In this case the OP is just an idiot

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