• Nougat
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    fedilink
    25 hours ago

    The price rises even if there’s a locally made substitute, because odds are that it costs more to make locally, and the price floor is now higher, too

    • elgordino
      link
      fedilink
      44 hours ago

      Even if it doesn’t cost more to make it locally you can just hike your prices anyway if your only competitors have tariffs applied.