- cross-posted to:
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- cross-posted to:
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- [email protected]
cross-posted from: https://rss.ponder.cat/post/82062
The only thing that is going to accomplish is increasing profit margins for the people importing the goods, because they’re absolutely still going to hike their prices by the same percentage that the tariffs are set at.
So consumers will be paying more but corporations will be reaping the benefits of the 25% increase in profit margins without paying extra because they’re skirting the tariffs while telling everyone that they have to pay it.If I was a company facing possible tarrifs I’d raise prices now. Just a little, say 5% or so. Thar way, if tarrifs hit, I can bump up a bit without being a full hit in the moment. It also means I can get the money now as pure profit. If the tarrifs don’t happen I can either keep the 5% or drop it later to look good and undercut competitors.
All wins if I charge more now. Just the chance of a market disruption can be a benefit.