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53 sats \ 0 replies \ @didiplaywell 7h \ parent \ on: To tariff or not to tariff econ
There's a limit of viability, as any protectionist policy proved over and over, it will only cause imports to cease, not to become cheaper.
I do am assuming viable domestic substitutes, that's one of the key factors in ensuring that tariffs will take effect only on the consumer side. That, together with decreasing and expensive imports, will cause local prices to rise. The US citizen will feel 100% of the tariffs one way or another.
Just wait and see.