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‘It’s real y’all’: People are sharing their tariff receipts, and my wallet is not ready for what’s coming (www.buzzfeed.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 week ago (2 children)

What I dont understand at this point is in their world view what does it matter WHO pays the tariff, the increases are always going to hit the consumer somehow.

Importer raises prices for customer to covers tariff charge.

Exporter raises prices for importer to cover tariff charge. Increase costs for importer are passed down to the consumer.

Fuuuuuuuck

[–] [email protected] 2 points 1 week ago

it’s manufactured consent to keep ire away from the dictator doing the tariffs and on the corporations. i can only hope it radicalizes some into realizing the problem is capitalism that dictates how the corps react to the tariffs.

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

The magans were told/promised/"explained" that "chaina" would pay the tariffs, as in give extra money on evey product it ships to the US.

As of very recently, there is an attempt to flip the story where companies make so much profit they can easily eat the tariffs instead of passing them to the consumer.