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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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[-] AnyOldName3@lemmy.world 1 points 3 weeks ago

A small widget manufacturer attempting that would get bought out by a larger widget manufacturer because anti-trust laws are unenforced. A mid-size or large widget manufacturer would make more money by not doing that and instead forming a widget cartel with the other larger manufacturers because anti-cartel laws are unenforced.

this post was submitted on 27 Nov 2024
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Explain Like I'm Five

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