vegeta@lemmy.world to politics @lemmy.world · 8 days agoWarren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'www.cnbc.comexternal-linkmessage-square19fedilinkarrow-up1184arrow-down12
arrow-up1182arrow-down1external-linkWarren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'www.cnbc.comvegeta@lemmy.world to politics @lemmy.world · 8 days agomessage-square19fedilink
minus-squareMuskyMelon@lemmy.worldlinkfedilinkarrow-up2·edit-28 days agoDoesn’t stop them passing the “tariff charges” on regardless if they actually have to pay or not Don’t be surprised if these companies suddenly show 10-25% increase in net profits.
minus-squareShittyBeatlesFCPres@lemmy.worldlinkfedilinkEnglisharrow-up1·8 days agoThat’s the whole point. Raise the price on things and then American producers can compete.
minus-squareMuskyMelon@lemmy.worldlinkfedilinkarrow-up1·7 days agoThey’ll still manufacture overseas as long as they can cause of shareholder value
Doesn’t stop them passing the “tariff charges” on regardless if they actually have to pay or not
Don’t be surprised if these companies suddenly show 10-25% increase in net profits.
That’s the whole point. Raise the price on things and then American producers can compete.
They’ll still manufacture overseas as long as they can cause of shareholder value