• Ulrich
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    fedilink
    English
    111 hours ago

    Serious question; why would they go down?

    Tariffs are not meant to drive down prices, they’re meant to drive UP prices of foreign goods to make domestic ones more competitive.

    • @Kyrgizion
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      210 hours ago

      If US imposes tariffs, China will sell less to the US (if only because not all customers will be able to afford the tariffs). It stands to reason they would want to get rid of this excess somewhere as opposed to getting stuck with unsellable goods ad infinitum. I just wonder if there would be such an excess and if they would “dump” them aliexpress style on the EU market which doesn’t cost them an arm and a leg in tariffs.