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22 sats \ 1 reply \ @dingding541 30 Jan \ on: Only 45 Percent of Americans Know What a Tariff Is econ
#867035
Must admit I assumed China would pay Trumpy
If the idea is to get Americans to buy domestically, they should be prepared to pay for it
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15 sats \ 0 replies \ @0xbitcoiner OP 30 Jan
I also believe that the increase in tariffs will lead to higher prices in the U.S. I think it will also boost American production. In the short term, it might be the Americans who feel the effects of the tariff hikes. I'm not an economist, but I think that in the medium/long term, it could be good for the U.S. economy. However, I’m not sure about it—it's just a guess from an outsider.
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