▲ | hdgvhicv 5 hours ago | |
Two domestic manufacturers compete to get more customers by reducing prices, price trends to cost. All tarrifs do is remove foreign competition who have lower costs for a variety of reasons, some which benefit the country imposing the tariff, some not. Neoliberal approach is to always require the cheapest goods, no matter the cost. That’s not the only approach. | ||
▲ | CamperBob2 11 minutes ago | parent [-] | |
Two domestic manufacturers compete to get more customers by reducing prices Which is hard to do when the idiots in charge place tariffs on the raw materials that both manufacturers rely on. That wasn't my first clue that a rational and charitable interpretation of the Trump tariffs doesn't exist, but it was a big one. |