this post was submitted on 19 Jan 2026
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politics

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top 38 comments
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[–] TomMasz@piefed.social 107 points 1 month ago (4 children)

As predicted by everyone but Trump. One thing you learn in a capitalist society is that no company ever "passes the savings on to you."

[–] kboos1@lemmy.world 43 points 1 month ago (1 children)

My employer just raised the price of everything thing it sales by 1.5% regardless of it was affected by tariffs or not, I mean everything. They basically said "f it spread it out to everyone" and moved on.

They aren't going to move a multi billion dollar factory for a temporary president on his second term. They plan to sit and wait.

[–] 13igTyme@piefed.social 21 points 1 month ago (2 children)

Sit and wait for what? The company isn't paying the tariff and they aren't going to lower prices when it's gone. Company just increased revenue by 1.5% on all other goods.

[–] MyTurtleSwimsUpsideDown@fedia.io 8 points 1 month ago (1 children)

Wait for the tariffs to stop eating into the profit margins.

[–] kboos1@lemmy.world 3 points 1 month ago (1 children)

Most likely they will turn the 1.5% into cost so that corporate can still reap the extra revenue without giving the division any revenue credit. So not just screwing the customer but also their own internal business and employees that get bonuses from sales.

[–] NotASharkInAManSuit@lemmy.world 1 points 1 month ago

This is what they teach people to so in business school. An MBA doesn’t mean you know business, it means you’re a grifter.

[–] kboos1@lemmy.world 3 points 1 month ago

........wait out the president before making any long term decisions........

[–] dnub@piefed.social 19 points 1 month ago

Profits are privatized and losses socialized

[–] Boiglenoight@lemmy.world 5 points 1 month ago (1 children)

Trump likely knew and has profited somehow.

[–] Rothe@piefed.social 12 points 1 month ago

Of course. I know it is a billion scandals away by now, but back in April 2025 he openly admitted that he and his billionaire friends exploited the insider knowledge of the coming tariffs on the stock market during his first round of tariffs.

[–] crusa187@lemmy.ml 4 points 1 month ago

Trump knows who is paying it. He just has to say otherwise to appease his braindead cult.

This is a wealth transfer from the poor to the rich, and quite transparently so.

Truly we are living in the Age of the Grifter.

[–] CharlesDarwin@lemmy.world 47 points 1 month ago (1 children)

Um, who else was going to bear the cost?

[–] drmoose@lemmy.world 19 points 1 month ago

The corporations - duuuh.

Everyone knows that corporations are only interested in increasing quarter to quarter revenue to satisfy share holders so they will happily stop doing all that and instead - take a hit and start decade long r&d and reinvent their production locally to avoid raising prices.

/s in case it was not obvious.

[–] Cnote5@lemmy.world 42 points 1 month ago

"...only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of 96% to US buyers..."

[–] slothrop@lemmy.ca 40 points 1 month ago

Study confirms what everyone with a single functioning brain cell knew.
Soon to be dismissed as fake.

[–] infinitesunrise@slrpnk.net 37 points 1 month ago

Uh yeah, that's how tariffs work.

[–] ThePowerOfGeek@lemmy.world 24 points 1 month ago* (last edited 1 month ago)

"Some of you will lose a lot of money and starve. But that's a sacrifice I'm willing to make!" -Trump

[–] Assassassin@lemmy.dbzer0.com 14 points 1 month ago

Study shows sky blue, dogs cute, snozzberries taste like snozzberries.

[–] flandish@lemmy.world 14 points 1 month ago (2 children)

anyone who doesn’t know this already should not be considered an adult and be sent back to education. preferably in the form of education camps.

[–] antifa_ceo@lemmy.ml 5 points 1 month ago (1 children)

Open the fucking schools dude it's so insane we don't have basic civics education in this country

[–] flandish@lemmy.world 2 points 1 month ago
[–] CharlesDarwin@lemmy.world 3 points 1 month ago (1 children)

Yeah, but the way The Bigly Manly Macho Bidnessman Who Is So Successful At Bidness says it so loudly and forcefully when he says he's going to "tariff" this country or that country means it is they who are getting punished, right? It is not really a tax on ME, is it?

I mean, Taco is a stable genius who made so much money at steaks and casinos....

[–] flandish@lemmy.world 3 points 1 month ago

it serves to remind us the owning and ruling classes do not consider us human.

[–] JoMiran@lemmy.ml 13 points 1 month ago

Yeah, no shit. We can tell.

[–] Typhoon@lemmy.ca 12 points 1 month ago

The headline could've read "tax paid by the people who buy things"

Shocking news

[–] Neon_Carnivore@lemmy.zip 12 points 1 month ago

No FUCKING shit.

[–] radio@sh.itjust.works 10 points 1 month ago

No shit. It's too bad no trump supporters will believe you when you tell them this though.

[–] baguette@piefed.social 8 points 1 month ago

While US citizens pay for the tariffs, it may well hurt producers of imported goods.

“The adjustment occurs through reduced trade volumes , not price concessions,” according to the Kiel paper. “Given the choice between maintaining margins on reduced sales or slashing margins to maintain volume, most exporters apparently prefer the former.

[–] NotASharkInAManSuit@lemmy.world 7 points 1 month ago

Anyone who knew what a tariff is was already well aware of that and has been pointing it out literally the entire time.

It turns out tarrifs are what they are defined to be. Hard hitting news.

Which is why I am glad he's using them in the Greenland snatching plan. Go ahead, punish the population you need to do the snatching for you.

[–] DrFistington@lemmy.world 6 points 1 month ago

Yeah, luckily a rudimentary understanding of how they work informed me this would happen

[–] panda_abyss@lemmy.ca 6 points 1 month ago

That’s what they do… so no surprise there. 

[–] TubularTittyFrog@lemmy.world 5 points 1 month ago

Yes, yes we do.

[–] karashta@piefed.social 5 points 1 month ago

This is how tariffs function lmfao

[–] Nioxic@lemmy.dbzer0.com 4 points 1 month ago

tariffs are used to protect your own businesses, like, you put tariffs on foreign cars, to sell more locally produced cars

thats the whole point of it (in very broad strokes)

they dont work as a threat to random nations for random reasons

[–] A_norny_mousse@feddit.org 3 points 1 month ago

0

Bear with me, dawg

[–] iterable@sh.itjust.works 1 points 1 month ago* (last edited 1 month ago)

Probably even find out right into his Qatar slush fund