Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 2 days agoELI5 How does a tariff against a major trading partner effect the common pleebs?message-squaremessage-square16fedilinkarrow-up121arrow-down10
arrow-up121arrow-down1message-squareELI5 How does a tariff against a major trading partner effect the common pleebs?Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 2 days agomessage-square16fedilink
minus-squarevvilld@lemmy.worldlinkfedilinkEnglisharrow-up3·1 day agoExactly! Imposing a tariff with the expectation that will cause the domestic market to just spawn a new manufacturer is even more asinine than expecting tariffs to increase already existing domestic production.
Exactly! Imposing a tariff with the expectation that will cause the domestic market to just spawn a new manufacturer is even more asinine than expecting tariffs to increase already existing domestic production.