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If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with? (lemmy.world)
submitted 2 weeks ago by Don_Dickle@lemmy.world to c/explainlikeimfive@lemmy.world
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[-] funkless_eck@sh.itjust.works 36 points 2 weeks ago

it depends on what you make. Margins on food, farming, automobiles, oil and gas, medical devices tend to be pretty small, comparatively speaking. Which are all fairly critical industries.

this post was submitted on 27 Nov 2024
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