• jet@hackertalks.com
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    3 hours ago

    Who else was going to pay the tariffs? People aren’t going to export to you for free or below cost.

    • ikidd@lemmy.world
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      2 hours ago

      This probably takes into account the losses on the exporting countries side having to lower prices to compete against domestic industries supplying the same product. But usually what happens there is the domestic industries raise their prices (and profits) to match instead of the other way around.