I don’t know why other countries don’t respond by passing their own export tax/tarrifs…
If trump wants to double the price of your goods, fuck him and get your own slice first.
You still get paid for everyone shipped to America, but the importers only get paid when it sells. So that’s getting business to go after Trump to lower his tariffs.
I don’t know why other countries don’t respond by passing their own export tax/tarrifs…
If trump wants to double the price of your goods, fuck him and get your own slice first.
You still get paid for everyone shipped to America, but the importers only get paid when it sells. So that’s getting business to go after Trump to lower his tariffs.
Because no sane government would want to reduce exports.
Reduced volume, but it will be because of Trump’s tarrifs anyways, with no extra money for the companies selling or the country exporting.
Putting their own export tax/tariff, increase per unit profit to make up for lowered volume.
Like, it’s a thing…
Just because you haven’t heard of something or thought it thru, doesn’t mean it’s pointless…
Or moreover tax their own citizens because of the actions of another country.
The importer still pays the export tariffs.
Yes which would be a native company or citizen not the tariffed country.
This is literally the argument against US tariffs, even.
Correct, and people still don’t seem to know how they work, is baffling.