Wow this administration is f**ing batshit insane. I thought the tariffs would be on raw metals, not anything at all that happens to contain them.
Price I pay is not getting my $20 fairy lights that made my backyard look cute. The price foreign factory workers pay is that they’re out of a job. I don’t think Americans pay the most, but they do pay.
Edit: Clearly people are missing the point Im trying to make here. I’m trying to address the viewpoint that Americans will somehow lose the most, which i don’t think is the case. This isn’t a pro tariff argument. American consumer is the biggest market there is on the planet. Pretending we can just find other buyers is ludicrous. Yes, there will be some jobs affected domestically, but that number will be much higher elsewhere.
That tiny German company making lab equipment which happens to be absolutely essential for your company? Their shipments aren't getting through customs anymore, and dealing with the additional paperwork is way more than the two-and-a-half people in charge of shipping can handle on top of their regular duties. The US is only 5% of their market, so rather than drown in an attempt to serve the US they'll just suspend shipping until the US fixes itself, and serve the other 95% of the world instead.
Can't do your job without a replacement MacGuffin? Oh well, sucks to be you! Not our problem that your company is going to lose millions, take it up with your government.
I highly doubt these kinds of companies will reduce their prices once the tariff is gone resulting in a permanent higher cost of products made with these machines in the US.