US companies, consumers are paying for tariffs, not foreign firms
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Re: US companies, consumers are paying for tariffs, not foreign firms
#2Tariffs are just a mechanism to adjust the calculus of where something is made.
Consumers getting Nd:YAG lasers from China below cost are also weakening the laser supply chain elsewhere. Tariffs are a type of response to these situations.
Re: US companies, consumers are paying for tariffs, not foreign firms
#3[flagged]
Re: US companies, consumers are paying for tariffs, not foreign firms
#4Tariffs are just a mechanism to adjust the calculus of where something is made. Consumers getting Nd:YAG lasers from China below cost are also weakening the laser supply chain elsewhere. Tariffs are a type of response to these situations.
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Re: US companies, consumers are paying for tariffs, not foreign firms
#5"Not Foreign Companies"? They can both pay. Taxes are negative-sum.
Re: US companies, consumers are paying for tariffs, not foreign firms
#6Re: US companies, consumers are paying for tariffs, not foreign firms
#7[flagged]
Re: US companies, consumers are paying for tariffs, not foreign firms
#8Tariffs are just a mechanism to adjust the calculus of where something is made. Consumers getting Nd:YAG lasers from China below cost are also weakening the laser supply chain elsewhere. Tariffs are a type of response to these situations.
On the topic of "where things are made":
"If you look at page 1 of the tariff handbook, it says: Don't tariff inputs. It's the simplest way to make it harder—more expensive—for Americans to do business. Any factory around the world can get the steel, copper, and aluminum it needs without paying a 50% upcharge, except an American factory."
https://bsky.app/profile/justinwolfers.bsky.social/post/3lud...
Re: US companies, consumers are paying for tariffs, not foreign firms
#9[flagged]
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Re: US companies, consumers are paying for tariffs, not foreign firms
#10This only needs to be explained to Americans who are somehow still hanging on to Donald Trump's explanation of tariffs: that they are gonna make foreigners pay.
Tariffs are taxes that locals pay on stuff imported from abroad.