Cat@ponder.cat to Technology@lemmy.worldEnglish · edit-21 year agoTrump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.neuters.deexternal-linkmessage-square96fedilinkarrow-up1412arrow-down111
arrow-up1401arrow-down1external-linkTrump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.neuters.deCat@ponder.cat to Technology@lemmy.worldEnglish · edit-21 year agomessage-square96fedilink
minus-squarePanArab@lemm.eelinkfedilinkEnglisharrow-up8·1 year agoHow does this help with inflation? He is screwing the people he claims to help. Tariffs (originally from Arabic: تعريفة) are a tax paid by the consumer. All inputs will be more expensive even for US produced goods.
minus-squareRememberTheApollo_@lemmy.worldlinkfedilinkEnglisharrow-up6·1 year agoIt doesn’t hurt him and his rich cronies. He doesn’t care about the people who elected him. He’s just trying to be a tough guy and flex. He’s always made others pay the price for his actions, whether it be bankruptcy, stalling them in court, or just outright not paying.
How does this help with inflation? He is screwing the people he claims to help.
Tariffs (originally from Arabic: تعريفة) are a tax paid by the consumer. All inputs will be more expensive even for US produced goods.
It doesn’t hurt him and his rich cronies.
He doesn’t care about the people who elected him.
He’s just trying to be a tough guy and flex.
He’s always made others pay the price for his actions, whether it be bankruptcy, stalling them in court, or just outright not paying.