_portrait.jpg){kind=link}
this post was submitted on 17 Mar 2025
1620 points (98.9% liked)
Leopards Ate My Face
5679 readers
1478 users here now
Rules:
- If you don't already have some understanding of what this is, try reading this post. Off-topic posts will be removed.
- Please use a high-quality source to explain why your post fits if you think it might not be common knowledge and isn't explained within the post itself.
- Links to articles should be high-quality sources β for example, not the Daily Mail, the New York Post, Newsweek, etc. For a rough idea, check out this list. If it's marked in red, it probably isn't allowed; if it's yellow, exercise caution.
- The mods are fallible; if you've been banned or had a comment removed, you're encouraged to appeal it.
- For accessibility reasons, an image of text must either have alt text or a transcription in the comments.
- All Lemmy.World Terms of Service apply.
Also feel free to check out [email protected] (also active).
Icon credit C. BrΓΌck on Wikimedia Commons.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"Doing your own research" means watching one or two YouTube videos or Facebook posts as far as these people are concerned. No thought for themselves, just parrot what you hear.
I don't understand why this even needs to be researched. I'm no economist and I don't know much about tariffs, but: costs more to get product to me for any reason = product costs me more. When has that ever not been the case? What am I missing?
Hey, you have to factor in things like market capture! They could be operating entirely at a loss just to ensure no other competitor can operate in the same market.
(/s because duh more cost = more price)
I think what you're missing might be that you're assuming that the producers stay the same over time. I.e. if it costs more to get that product to you from China, then an US company would produce it instead in the future to circumvent the tariffs. That brings labor/jobs to the US. I think that is the idea behind the tariffs. Any questions left?
Assuming availability of goods and materials (which isn't a given but let's pretend it is) the friction there is set up costs in a fickle, unstable legislative environment in which tarrifs can be withdrawn at any time.
who says the tariffs are going to be withdrawn? lol
Are we watching the same shitshow? He changes his mind more often than he changes his socks.
Starting a business based on the whims and promises of Trump would be rather foolish.
In his last presidency some of the industries amping for tarrifs just got their faces eaten.
What kills me is that we shouldn't be researching a thing that was taught in school.
Actual footage of us GenX kids learning about The Hawley-Smoot Tariff Act.
What do you tell the people who are in fact thinking themselves and concluding that:
adding tariffs is a good thing for the US workers. for one, it ensures that resources (like aluminum) are being sourced from within the US, adding extra mining jobs. For two, it means that complex goods tend to be manufactured/assembled within the US, again adding labor/assembly jobs. For three, why should the product become more expensive to the end user if it's the same production process being employed?