this post was submitted on 05 Feb 2025
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[–] [email protected] 4 points 5 days ago

I don't see how that would go down particularly well with Europe and Asia if they're made to pay whatever percentage of Trump's bills without getting to collect any of the tax.

Of course that's not what's actually happening here. They're reporting a potential increase in prices BEFORE tariffs arguing potentially lowered demand, but really just because... money. See also the inflation cycle.

So I'm still kinda right in that scenario, in that the US would get hit with the same corporate greed monopolistic price hike as everybody else and THEN hit with whatever extra customs cost Trumpler farts out this week. The rest of us just get dragged into another fake inflation cycle because any excuse is a good excuse this decade, apparently.