Memo to the do nothing gang
Comments
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At what price? Are you prepared for the high increase in price on goods? I sure don't want that.
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Why did Colombia cave at the threat?
At least let Trump fuck with these people before surrendering
Let the democrats cry about it
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We can for a lot more money... do you want the price of goods to go up? After we just had record inflation? Do you want Trump to have a Democrat house and senate? Because that is what will happen in 2 years if he does it. And then a Democrat president in 28...
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Stop printing money.
Easy concept.
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Yes stop printing money... but raising tarrifs only raises the cost of the product.
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What’s an example of an elastic good that we import from Europe where the price would go up because of lack of competition?
Ozempic maybe.
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So you think putting tarrifs on won't raise the price of the good?
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Totally and completely depends on the good. If it’s something generic and elastic with substitutes that don’t have tariffs the market won’t support a price increase to consumers. The exporter eats the tariff or loses market share. French wine would probably increase as it’s less elastic and no pure substitute exists.
The tariff inflation fear mongering is way overblown for most products.
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The fear mongering is designed to get the US to not do it
So…
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Who is designing this tariff fear mongering?
