>>509971413
>Youre a moron. The exporter and importer regularly will share tariff costs. The exporter will cover some or all of the costs to maintain their sales. The importer can pick a different vendor. The exporter needs the importer.
Anon, let me explain this step by step to you with your own reasoning.
>desire to protect US industry, argue this is the basis for tariff imposition
>place an import tax on US citizens importing to disincentivise foreign business
So prices go up right?
>NO BECAUSE THE EXPORTER DROPS THEIR SALE PRICE TO EAT THE COST
Ok so the price doesn't actually increase? And the sales into the US continue? And the whole stated purpose of rendering US imports uncompetitive is entirely moot? Because prices didn't rise?