this post was submitted on 19 Feb 2025
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[–] FlyingSquid 46 points 2 days ago* (last edited 2 days ago) (2 children)

Since that Newsweek article was basically worthless, here is the source of the information: https://www.lendingtree.com/business/tariffs-imports-exports-study/

It didn't even link to that.

Edit: Also, the map isn't even accurate.

[–] [email protected] 22 points 2 days ago* (last edited 2 days ago) (1 children)

Ouch, right in the generation. Millennials, please stop embarrassing me.

[–] JcbAzPx 26 points 2 days ago* (last edited 2 days ago) (1 children)

People aren't taught what tariffs are actually for anymore. They're meant to protect local industry by artificially increasing foreign goods; not to decrease prices. Unfortunately, it's not going to do us much good since the damage to our local industry has already been done.

[–] FlyingSquid 1 points 2 days ago

The main thing you hurt when you implement a tariff with no alternative to domestic businesses is those businesses.

[–] [email protected] 6 points 2 days ago (1 children)

Thanks FS, I always appreciate being able to see the actual source. Get on wit' yo' Bad Self!

[–] FlyingSquid 2 points 2 days ago

No problem. Newsweek is such a shit outlet. They didn't even link to it!