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GetlostMaps t1_iqz4gyd wrote

Reply to comment by [deleted] in Poland demands $1.3 trillion in war damages from Germany by allergic-toeveryting

Tariffs are paid by your own population. They're taxes.

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[deleted] t1_iqz6w9w wrote

[deleted]

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Traevia t1_ir03ebh wrote

Tell me you don't know how economies work without directly telling me.

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[deleted] t1_iqzbz62 wrote

[deleted]

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versebadger1 t1_ir041v0 wrote

Literally the opposite because they made domestic manufacturing more expensive because the tariffs were on steel and aluminum and other raw materials. Domestic manufacturing becomes more expensive.

Tariffs are taxes on business, paid to the government by American businesses; business does not give away free money, they charge customers more. Tariffs become taxes on goods for everyday people. Every American lost in trump's idiotic trade war. China's market went from 8.8 billion people to 8.6 billion people, china didn't suffer.

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Wiley_Applebottom t1_ir03xn8 wrote

I mean, I am against globalization almost without exception, but this is a disingenuous argument at best. Sure it makes domestic manufacturing more competitive, but it also makes exporting goods far less competitive, as the targeted countries will respond in kind. So really not a great improvement.

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