vegeta@lemmy.world to politics @lemmy.world · 1 month agoTrump announces 30% tariffs against EU, Mexico to begin August 1apnews.comexternal-linkmessage-square15linkfedilinkarrow-up115
arrow-up115external-linkTrump announces 30% tariffs against EU, Mexico to begin August 1apnews.comvegeta@lemmy.world to politics @lemmy.world · 1 month agomessage-square15linkfedilink
minus-squareMaple Engineer@lemmy.worldlinkfedilinkarrow-up2·1 month agoIt isn’t foreign companies. The AMERICAN company that imports the goods pays the tariff then passes that cost on to the American consumer. Tarrifs are a tax on the poor that are being used to give tax breaks to the rich.
It isn’t foreign companies. The AMERICAN company that imports the goods pays the tariff then passes that cost on to the American consumer. Tarrifs are a tax on the poor that are being used to give tax breaks to the rich.