1d ago

Tariffs are no different than taxes or regulations in that they don't mean corporations have to raise prices. They can just make a little less money.

When CEOs say if they have to pay taxes they'll just raise prices instead of selling their 5th house people freak out.

When CEOs say they'll just raise prices if their industry is regulated instead of lowering their multi million dollar salaries, people freak out.

But when they say the exact same thing with tariffs, everyone just goes along with it.

Its the same thing. Corporations shouldn't be able to punish people to avoid making slightly less money.

9 comments

So you're telling me corporations shouldn't be able to fix their own prices?
What's next? Capitalism is no fair economic system and the invisible hand of the market exists only in the wildest fantasies of the most gullible free market-stans??
Unconscionable, I tell you, unconscionable!! Sooner rather than later you'll be spouting out socialist propaganda!!!

When the VAT was increased from 24% to 25.5% my accountant said that I need to raise my prices to compensate for it. I didn't and nothing bad happened. I can deal with losing 15 euros of every 1000 I earn.
- You do understand that 1.4% is a much lower number than we are currently talking about, right? Other than that, I applaud your willingness to take your customers into consideration
- But if you’re a public company, it’s much harder to take the high road when it means missing potential profits. Especially when you have damn near a monopoly on markets. It’s the literal cancer to this society.

My understanding is the importer pays the tariff to the border force. The seller is not involved in the transaction.
Your suggestion would be for an exporter to give Americans a cheaper price than everyone else based on something that happens following the sale.
Edit: happy to have it explained to me how I'm wrong if I am, I'm not gonna pretend I've got a perfect knowledge of how the American border works

Are you saying tarrifs at any amount will allow for companies to make a profit? I mean trump has been throwing around 100 and 200 percent. Do you understand profit margin and how its different for different things?

9 comments