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RandAlThor@lemmy.ca to politics @lemmy.world · 2 months ago

Americans Bear Almost All the Cost of Trump Tariffs, Study Shows

ca.finance.yahoo.com

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Americans Bear Almost All the Cost of Trump Tariffs, Study Shows

ca.finance.yahoo.com

RandAlThor@lemmy.ca to politics @lemmy.world · 2 months ago
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  • NotASharkInAManSuit@lemmy.world
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    2 months ago

    Anyone who knew what a tariff is was already well aware of that and has been pointing it out literally the entire time.

  • Jo Miran@lemmy.ml
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    2 months ago

    Yeah, no shit. We can tell.

  • TubularTittyFrog@lemmy.world
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    2 months ago

    Yes, yes we do.

  • baguette@piefed.social
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    2 months ago

    While US citizens pay for the tariffs, it may well hurt producers of imported goods.

    “The adjustment occurs through reduced trade volumes , not price concessions,” according to the Kiel paper. “Given the choice between maintaining margins on reduced sales or slashing margins to maintain volume, most exporters apparently prefer the former.

  • Assassassin@lemmy.dbzer0.com
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    2 months ago

    Study shows sky blue, dogs cute, snozzberries taste like snozzberries.

  • TomMasz@piefed.social
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    2 months ago

    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.”

    • Boiglenoight@lemmy.world
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      2 months ago

      Trump likely knew and has profited somehow.

      • Rothe@piefed.social
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        2 months ago

        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.

    • kboos1@lemmy.world
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      2 months ago

      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.

      • 13igTyme@piefed.social
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        2 months ago

        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.

        • MyTurtleSwimsUpsideDown@fedia.io
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          2 months ago

          Wait for the tariffs to stop eating into the profit margins.

          • kboos1@lemmy.world
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            2 months ago

            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.

            • NotASharkInAManSuit@lemmy.world
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              2 months ago

              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.

        • kboos1@lemmy.world
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          2 months ago

          …wait out the president before making any long term decisions…

    • crusa187@lemmy.ml
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      2 months ago

      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.

    • dnub@piefed.social
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      2 months ago

      Profits are privatized and losses socialized

  • flandish@lemmy.world
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    2 months ago

    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.

    • 🇵🇸antifa_ceo@lemmy.ml
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      2 months ago

      Open the fucking schools dude it’s so insane we don’t have basic civics education in this country

      • flandish@lemmy.world
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        2 months ago

        for real.

    • CharlesDarwin@lemmy.world
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      2 months ago

      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…

      • flandish@lemmy.world
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        2 months ago

        it serves to remind us the owning and ruling classes do not consider us human.

  • Typhoon@lemmy.ca
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    2 months ago

    The headline could’ve read “tax paid by the people who buy things”

    Shocking news

  • a_non_monotonic_function@lemmy.world
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    2 months ago

    It turns out tarrifs are what they are defined to be. Hard hitting news.

  • infinitesunrise@slrpnk.net
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    2 months ago

    Uh yeah, that’s how tariffs work.

  • iterable@sh.itjust.works
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    2 months ago

    Probably even find out right into his Qatar slush fund

  • A_norny_mousse@feddit.org
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    2 months ago

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    Bear with me, dawg

  • frustrated_phagocytosis@fedia.io
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    2 months ago

    Which is why I am glad he’s using them in the Greenland snatching plan. Go ahead, punish the population you need to do the snatching for you.

  • panda_abyss@lemmy.ca
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    2 months ago

    That’s what they do… so no surprise there.

  • Neon_Carnivore@lemmy.zip
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    2 months ago

    No FUCKING shit.

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