h0rnman@lemmy.dbzer0.comtopolitics @lemmy.world•Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you willEnglish
11·
6 hours agoI saw it explained best like this
Current imported price: $30
Current locally made price: $35
New imported price: $70
New locally made price: $69.99
Oh for sure, I should have clarified that I was really speaking to the products that already have a US-based manufacturing presence and already have to compete with imports. Ramping up domestic production on things that aren’t already manufactured here because of the demented ramblings of a guy who (ostensibly) won’t be around in 4 years is just asking for your business to go under