• Randelung@lemmy.world
    link
    fedilink
    arrow-up
    20
    ·
    4 days ago

    Even if, did they think prices would just stay the same? Tariffs only work if production is moved back home, which for many industries won’t happen, which means costs will be passed on to consumers.

    • prole@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      7
      ·
      edit-2
      3 days ago

      Also, the costs would still be passed on to consumers even if the production was moved back home, because it will cost more in general. And gotta keep those profit margins up.