ELI5 how tariffs work. Are they not just like taxes one country puts on another? If so why do people especially republicans keep with Trump on imposing? Would it not hurt the US? - eviltoast
  • Rikudou_Sage@lemmings.worldM
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    1 month ago

    That’s like half the truth. In countries where they don’t treat workers like slaves, the labor costs are larger and the end product costs more.

    If you treat your workers as a disposable commodity, it’s much cheaper to make stuff.