this post was submitted on 09 Feb 2025
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Canada
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Let Trump tax the American people. Will the US suppliers use the profits to reinvest in more supply or with the do the American thing and use the profits for bonuses and stock buy backs.
This is litterally what's happening with the US oil sector. Trump removed regulations and put up incentives, and the industry just went "thanks for reducing our costs, but we're not increasing production one bit" and instead just ate up the bigger margins while charging the same amount to their customers.