Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 28 days agoIf Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?message-squaremessage-square79fedilinkarrow-up1188arrow-down113
arrow-up1175arrow-down1message-squareIf Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with?Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 28 days agomessage-square79fedilink
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up2arrow-down5·27 days agoThe expected benefits don’t include prices going down. They include: overall purchasing power going up more military independence more political independence staying ahead in the AI race more Americans get to spend their days building things
minus-squarescutiger@lemmy.worldlinkfedilinkEnglisharrow-up3·27 days agoHow is it expected for purchasing power to go up if prices increase and wages do not?
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up1arrow-down1·27 days agoIt’s expected that wages will, as more US stays within the US economy.
The expected benefits don’t include prices going down. They include:
How is it expected for purchasing power to go up if prices increase and wages do not?
It’s expected that wages will, as more US stays within the US economy.