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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 3 weeks ago by Don_Dickle@lemmy.world to c/explainlikeimfive@lemmy.world
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[-] somethingsnappy@lemmy.world 14 points 3 weeks ago

You also just explained the last few years of inflation.

[-] intensely_human@lemm.ee -1 points 3 weeks ago

We spent a year forcibly shutting down small businesses and printing new money. That easily explains the inflation.

this post was submitted on 27 Nov 2024
171 points (93.4% liked)

Explain Like I'm Five

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