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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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[-] intensely_human@lemm.ee 0 points 3 weeks ago

True. There will likely be retaliatory tariffs hurting our exports too. But our exports are smaller than our imports currently, so currently it doesn’t hurt us as much.

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

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