this post was submitted on 27 Nov 2024
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Explain Like I'm Five

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If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with? (self.explainlikeimfive)
submitted 6 hours ago by Don_Dickle to c/explainlikeimfive
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[–] [email protected] 21 points 4 hours ago

it depends on what you make. Margins on food, farming, automobiles, oil and gas, medical devices tend to be pretty small, comparatively speaking. Which are all fairly critical industries.