Anyone who knew what a tariff is was already well aware of that and has been pointing it out literally the entire time.
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.
No shit. It’s too bad no trump supporters will believe you when you tell them this though.
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.
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.
Open the fucking schools dude it’s so insane we don’t have basic civics education in this country
for real.
It turns out tarrifs are what they are defined to be. Hard hitting news.
Yeah, no shit. We can tell.
Yes, yes we do.
Yeah, luckily a rudimentary understanding of how they work informed me this would happen
That’s what they do… so no surprise there.
Probably even find out right into his Qatar slush fund
