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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[–] 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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