• Wild Bill
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    fedilink
    316 days ago

    Do his tariffs affect exports to the EU as well? Idk economics and I wanna buy a Framework laprop next year

    • If country A sells most of an export to country B and country B makes it harder for country A to sell to country B, country A may raise prices for countries C, D and E to make up for the losses caused by country B.

      • @disgrunty
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        1416 days ago

        So what I’m hearing is, we should all be very mad with the Americans?

        • @Dasus
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          10
          edit-2
          16 days ago

          A bit over a half of them, yeah. (I do realise that voters aren’t 100% of the population but)

            • @Dasus
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              115 days ago

              Yeah those fuckers would be included, which is why the figure doesn’t work but also getting too pedantic would make it far less quippy, so…

      • @d00ery
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        edit-2
        16 days ago

        Could country A try to decrease exports to country B and increase exports to country C, D, and E, perhaps by lowering the cost in C, D, and E?

        I don’t have any evidence for, and this document is just too long for me to read at this late hour. [IMF - Macroeconomic Consequences of Tariffs](Macroeconomic Consequences of Tariffs. https://www.imf.org/-/media/Files/Publications/WP/2019/wp1909.ashx)

        • @Buddahriffic
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          315 days ago

          Yeah, I’d think they’re going to produce what they are going to produce and will adjust allocation and prices to accommodate the demand change in the tariff country.