Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.
  • Mossheart
    71·
    2 months ago

    Cool, but the prices that were raised because of tariffs won’t go down so quickly. It’ll just go into the pocket of the corps.

    • 𝚜𝚑𝚊𝚍𝚎𝚊𝚛𝚐@lemmy.worldEnglish
      2·
      2 months ago

      Deflation is a four letter word to these people, and I have seen economic pundits excoriated for even mentioning the term.

      The consumer won’t regain what was lost without a fight.