schizoidman@lemmy.zip to World News@lemmy.worldEnglish · 3 months agoTrump imposes 50% tariff on Canadian importswww.bbc.comexternal-linkmessage-square12fedilinkarrow-up1121arrow-down14
arrow-up1117arrow-down1external-linkTrump imposes 50% tariff on Canadian importswww.bbc.comschizoidman@lemmy.zip to World News@lemmy.worldEnglish · 3 months agomessage-square12fedilink
minus-squareGardenGeek@europe.publinkfedilinkEnglisharrow-up13·3 months agoIt may hurt the citizens but its very lucrative for companies and share holders: Increase prices due to tariffs -> tariffs get struck down -> get refund from the government without giving it back to customers. It’s a good time to be rich in the US.
It may hurt the citizens but its very lucrative for companies and share holders: Increase prices due to tariffs -> tariffs get struck down -> get refund from the government without giving it back to customers. It’s a good time to be rich in the US.