Explain Like I'm Five

14317 readers

3 users here now

Simplifying Complexity, One Answer at a Time!

Rules

Be respectful and inclusive.
No harassment, hate speech, or trolling.
Engage in constructive discussions.
Share relevant content.
Follow guidelines and moderators' instructions.
Use appropriate language and tone.
Report violations.
Foster a continuous learning environment.

founded 1 year ago

MODERATORS

[email protected]

173

If Trumps tariffs go thru would that not cause the countries the tariffs are imposed on just raise their prices? And a result of that hurt the american consumer? Why do it to begin with? (lemmy.world)

submitted 3 days ago by [email protected] to c/[email protected]

77 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 19 points 3 days ago

Seeing questions like this is so scary that so many people don't get that simple concept.

Seeing stuff like this is mind blowing: https://youtube.com/shorts/bf3sLnZ0S04

Tariffs is just a fancy name for tax that you pay if you buy something from another country. The producers in that country already got paid, you pay that tax when the product is crossing the border.