this post was submitted on 23 Nov 2024
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[–] Chozo@fedia.io 29 points 3 weeks ago (5 children)

Yeah, no shit. How the fuck do people think tariffs work?

[–] wjrii@lemmy.world 36 points 3 weeks ago

In their minds, they literally think of them as some sort of "cover charge" that foreign manufacturers pay to get their goods into the US, and that they will do so gladly and neither seek other places to sell nor raise their prices. They think that these companies will eat the losses until they decide to build factories in the US, or they will simply wither away and American factories will sprout up like dandelions in a sidewalk.

The fact that all of it is completely wrong doesn't matter, because the people telling them otherwise don't have on a red hat and an ill-fitting suit.

[–] FlyingSquid@lemmy.world 19 points 3 weeks ago

If they knew how tariffs worked, fewer of them might have voted for the dumbass proposing to make things cheaper by raising them.

[–] kent_eh@lemmy.ca 10 points 3 weeks ago

The same way they thought "Mexico will pay for the wall" was gonna work - they didn't think about it at all.

They just blindly trusted the habitual liar, despite all evidence to the contrary.

[–] JohnnyCanuck@lemmy.ca 9 points 3 weeks ago
[–] el_bhm@lemm.ee 4 points 3 weeks ago (1 children)

They are also super easy to explain. It is a tax. That is increasing yet another tax - vat.

[–] pfwood178@sh.itjust.works 3 points 3 weeks ago (1 children)
[–] el_bhm@lemm.ee 2 points 3 weeks ago

Cool. Sales tax then. Almost the same thing. Consumer pays it.