lobosrul5
Philosopher
Say you sell a product to the USA for $1.00. And you make a profit of 25 cents. US producers also make that product and can easily scale up production, you now must reduce your price or suffer a reduction in sales. You choose the former option. This is how a lot of people think the tariffs work. In reality its usually much more complicated. Do USA producers invest billions in new factories to take advantage of the tariffs, knowing that they might disappear one day. What about produce that cant even be grown in the USA? Rare earth minerals that we don't have? What about overcoming patents and trade secrets held by companies outside the US?I'm surprised that 4% is as high as it is (maybe they are accounting for possible lost sales???) as the tariffs are entirely 'local' to the US- basically 100% 'should' be paid by the importer (who is in the US) and that increased cost would almost certainly be passed on to the end consumer...
Anyone who thinks that the manufacturer is going to pay the US government a single cent is completely bonkers lol
