You have a large misunderstanding of Trump's thinking on Tariffs. You also forget that Trump has no loyalty at all, except for his most fervant followers, not late knee benders - and only then until they are of no more use to him. Aside from that you also have a misunderstanding of how tariffs work, but it seems you aren't the only Ameri…
You have a large misunderstanding of Trump's thinking on Tariffs. You also forget that Trump has no loyalty at all, except for his most fervant followers, not late knee benders - and only then until they are of no more use to him. Aside from that you also have a misunderstanding of how tariffs work, but it seems you aren't the only American in that boat.
The only proft hit that American companies will take from tariffs is from lost sales. Companies don't tank their profits when hit by tariffs, they pass the entirety of the tariff on to the consumer. Bezos won't pay one cent in tariffs, neither will any other company. China will not pay a cent, Europe will not pay a cent, Australia will not pay a cent - the cost will be born by Americans every time they shop. That's how tariffs work.
Put a 20% tariff on steel, everything that steel gets used for gets a price increase equal to what the steel tariff cost that company. Put the same tariff on fruit, it all goes up by 20%. Like your international beer? If that gets a 20% tariff, YOU pay 20% more for that beer. And you know the best part for American consumers? Just like all price rises, when a new administration comes in and dumps the tariffs, the prices won't go back down by 20% because they never do. There might be a small decrease in price, but nowhere near the 20% decrease the tariff removal would warrant. Companies don't surrender profits unless they are forced to, and that equals price control which in America is a third rail lol.
You have a large misunderstanding of Trump's thinking on Tariffs. You also forget that Trump has no loyalty at all, except for his most fervant followers, not late knee benders - and only then until they are of no more use to him. Aside from that you also have a misunderstanding of how tariffs work, but it seems you aren't the only American in that boat.
The only proft hit that American companies will take from tariffs is from lost sales. Companies don't tank their profits when hit by tariffs, they pass the entirety of the tariff on to the consumer. Bezos won't pay one cent in tariffs, neither will any other company. China will not pay a cent, Europe will not pay a cent, Australia will not pay a cent - the cost will be born by Americans every time they shop. That's how tariffs work.
Put a 20% tariff on steel, everything that steel gets used for gets a price increase equal to what the steel tariff cost that company. Put the same tariff on fruit, it all goes up by 20%. Like your international beer? If that gets a 20% tariff, YOU pay 20% more for that beer. And you know the best part for American consumers? Just like all price rises, when a new administration comes in and dumps the tariffs, the prices won't go back down by 20% because they never do. There might be a small decrease in price, but nowhere near the 20% decrease the tariff removal would warrant. Companies don't surrender profits unless they are forced to, and that equals price control which in America is a third rail lol.