- cross-posted to:
- economy@lemmy.world
- cross-posted to:
- economy@lemmy.world
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Anyone who knew what a tariff is was already well aware of that and has been pointing it out literally the entire time.
tariffs are used to protect your own businesses, like, you put tariffs on foreign cars, to sell more locally produced cars
thats the whole point of it (in very broad strokes)
they dont work as a threat to random nations for random reasons
Uh yeah, that’s how tariffs work.
Um, who else was going to bear the cost?
The corporations - duuuh.
Everyone knows that corporations are only interested in increasing quarter to quarter revenue to satisfy share holders so they will happily stop doing all that and instead - take a hit and start decade long r&d and reinvent their production locally to avoid raising prices.
/s in case it was not obvious.
As predicted by everyone but Trump. One thing you learn in a capitalist society is that no company ever “passes the savings on to you.”
My employer just raised the price of everything thing it sales by 1.5% regardless of it was affected by tariffs or not, I mean everything. They basically said “f it spread it out to everyone” and moved on.
They aren’t going to move a multi billion dollar factory for a temporary president on his second term. They plan to sit and wait.
Sit and wait for what? The company isn’t paying the tariff and they aren’t going to lower prices when it’s gone. Company just increased revenue by 1.5% on all other goods.
Wait for the tariffs to stop eating into the profit margins.
Most likely they will turn the 1.5% into cost so that corporate can still reap the extra revenue without giving the division any revenue credit. So not just screwing the customer but also their own internal business and employees that get bonuses from sales.
This is what they teach people to so in business school. An MBA doesn’t mean you know business, it means you’re a grifter.
…wait out the president before making any long term decisions…
Profits are privatized and losses socialized
Trump knows who is paying it. He just has to say otherwise to appease his braindead cult.
This is a wealth transfer from the poor to the rich, and quite transparently so.
Truly we are living in the Age of the Grifter.
Trump likely knew and has profited somehow.
Of course. I know it is a billion scandals away by now, but back in April 2025 he openly admitted that he and his billionaire friends exploited the insider knowledge of the coming tariffs on the stock market during his first round of tariffs.
No shit. It’s too bad no trump supporters will believe you when you tell them this though.
No FUCKING shit.
Study confirms what everyone with a single functioning brain cell knew.
Soon to be dismissed as fake.“…only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of 96% to US buyers…”
“Some of you will lose a lot of money and starve. But that’s a sacrifice I’m willing to make!” -Trump
The headline could’ve read “tax paid by the people who buy things”
Shocking news
anyone who doesn’t know this already should not be considered an adult and be sent back to education. preferably in the form of education camps.
Open the fucking schools dude it’s so insane we don’t have basic civics education in this country
for real.
Yeah, but the way The Bigly Manly Macho Bidnessman Who Is So Successful At Bidness says it so loudly and forcefully when he says he’s going to “tariff” this country or that country means it is they who are getting punished, right? It is not really a tax on ME, is it?
I mean, Taco is a stable genius who made so much money at steaks and casinos…
it serves to remind us the owning and ruling classes do not consider us human.
It turns out tarrifs are what they are defined to be. Hard hitting news.
Study shows sky blue, dogs cute, snozzberries taste like snozzberries.
Yeah, no shit. We can tell.
