>>513885738 (OP)You’re wrong. The point of tariffs is to discourage imports with higher pricing by adding additional cost (tariffs). The purpose is to make pricing on domestic goods more equitable.
Because the importer pays additional taxes, they have to buy fewer imports. Likewise, they need to recoup the extra expenses by charging the consumer more money. This punishes the exporter with lower demand for their product and the importer with greater cost to import foreign goods. In theory, the demand for imported goods by the consumer drops due to higher prices and local products become more desirable due to equitable pricing.
What if the importer charges a few extra dollars above the tariff and local producers want in on the increase in prices? That’s what’s currently happening. Price gouging, blaming the tariffs.
MAGA’s war on consumers. Where did you think those tariffs are going? $3B for upgrading the grass in DC. Hiring private armies to patrol cities. Purchasing private equity like the 10% share in Intel stock.
The rich are having a field day, the consumer is paying.
Demand your government use the tariffs toward domestic business advancement and not pet projects like ballrooms and Oval Office Temu showrooms.