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Izzy Seabiscuit@ijspurcell.bsky.social |
Yes, your average American believes that prices are 100% demand-driven and that importers will fully bear the price of tariffs.
1 replies 1 reposts 8 likes
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Lizard
@lizardky.bsky.social
[ View ] |
Cost increases are passed on (not necessarily instantly, there's a lot of lag in economics) but inevitably. If it costs the importer 10% more, they charge the distributor more, and they charge the store more, and the store charges the customer more. (I know you know this, but some people don't.)
1 replies 0 reposts 4 likes