I’m not correcting you to be pedantic, but because Mag-tards will stand on guard with I told you so’s when inflation doesn’t go up 15%. I don’t want them to have any easy outs.
Yeah, I was being lazy here and know this is the case, but your point is well taken.
I'm going to double down on the pedantry. The incidence is shared by consumers, importers/retailers and the producers whatever country they are in. More importantly there is a loss of economic activity and welfare loss (those dreaded deadweight loss triangles). The loss of efficiency includes shifting resources to produce goods we previously imported.
Costs are up and manufacturing and retail employment is down. And that’s before many tariffs even have gone into full effect.
More bad for them implies still bad for us. A lose-lose situation isn’t to be celebrated simply because we aren’t the primary victims.
No it doesn’t because they are under severe pressure to continue the levels of production and therefore reduce costs to bring net end cost after tariff to close to previous levels. Therefore, more profit of the transaction sits in the US.
Unless of course you care about the people in this country whose jobs depend on selling things rather than producing things.
He literally can’t be run again, why does approval rating matter - at all ?
The people selling things here in America to Americans that either literally cannot be produced here or cannot be produced here affordably or require raw material that must be imported. Not every small business can capably open themselves up to international markets simply because there aren’t as many taxes on exports.
I don’t just care about the US in a vacuum, man. There are actual Americans harmed by these policies.