• Wild Bill
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    fedilink
    39 hours 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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        139 hours ago

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

        • @Dasus
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          8
          edit-2
          8 hours ago

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

      • @d00ery
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        1
        edit-2
        7 hours 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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          12 hours 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.