this post was submitted on 27 Nov 2024
164 points (93.2% liked)

Explain Like I'm Five

14314 readers
441 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 1 year ago
MODERATORS
sabbah@lemmy.world
AradFort@lemmy.world
rikudou@lemmings.world
Don_Dickle@lemmy.world
Rikudou_Sage@lemmy.world
164
If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with? (lemmy.world)
submitted 1 day ago by Don_Dickle@lemmy.world to c/explainlikeimfive@lemmy.world
78 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] intensely_human@lemm.ee 1 points 6 hours ago (1 children)

How do you figure it would cost jobs? Just less economic activity over all? Importing business just can’t do business any more and goes under? That will definitely happen in some places, if those companies are just barely hanging on.

[–] Maggoty@lemmy.world 1 points 6 hours ago

Monopolies don't need as much manpower as companies in competition. There's less marketing, less customer service, less quality control, and ultimately less production staff. They don't care if the item gets back ordered, if you wait on hold for hours, or you think there's a better product overseas. They don't have to care.