schizoidman@lemmy.zip to World News@lemmy.worldEnglish · 6 days agoTrump imposes 50% tariff on Canadian importswww.bbc.comexternal-linkmessage-square12linkfedilinkarrow-up1117arrow-down14 cross-posted to: world@quokk.au
arrow-up1113arrow-down1external-linkTrump imposes 50% tariff on Canadian importswww.bbc.comschizoidman@lemmy.zip to World News@lemmy.worldEnglish · 6 days agomessage-square12linkfedilink cross-posted to: world@quokk.au
minus-squareGardenGeek@europe.publinkfedilinkEnglisharrow-up13·6 days agoIt may hurt the citizens but its very lucrative for companies and share holders: Increase prices due to tariffs -> tariffs get struck down -> get refund from the government without giving it back to customers. It’s a good time to be rich in the US.
It may hurt the citizens but its very lucrative for companies and share holders: Increase prices due to tariffs -> tariffs get struck down -> get refund from the government without giving it back to customers. It’s a good time to be rich in the US.