this post was submitted on 18 May 2025
305 points (97.2% liked)

Economics

911 readers
23 users here now

founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
[–] Dragomus@lemmy.world 1 points 2 months ago* (last edited 2 months ago)

The magans were told/promised/"explained" that "chaina" would pay the tariffs, as in give extra money on evey product it ships to the US.

As of very recently, there is an attempt to flip the story where companies make so much profit they can easily eat the tariffs instead of passing them to the consumer.