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.
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.
In this case, though, I would imagine that lightly waterproofed decorative outdoor lighting would sell about equally well to any first or second world market.
America's average net salary is $53,000 and Portugal's is US$19,000.
If your TV factory can't ship to America for the time being, you might need to retool and make more 43" screens and fewer 85" screens. You'd prefer to be making the higher margin products, but at least you keep work coming in and keep your workers fed.