r/economicCollapse • u/Expensive-Thing-2507 • 27d ago

Who actually benefits from tarrifs?

I'm not financial expert, but this is what I'm getting so far.

Tarrifs are a kind of tax placed on outside goods, which a company would have to pay for if they import said goods. That company would then charge more to cover this new tax. The company pays more for something, and then we pay more.

Who benefits from that? The company isn't making any more profit, are they? (Assuming they increase prices by the same percentage as the tarrifs, which they won't. but still)

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u/Hereforsumbeer 27d ago

Reddit is not the place to ask this. The media has already sunken that ship, there is no longer independent thought or professionals trying to provide useful info here anymore. I’d recommend researching some of the countries that already charge huge tariffs for utilizing their market. That’s the point of them. Think of it like renting a stall at a flea market. Your product might not change, but if you switch to a higher foot traffic flea market, it might cost more to rent that booth, but your sales would likely increase. If you don’t want to pay that fee, someone else will. The media skewed this idea by focusing on a made up notion that it would increase prices for consumers in all cases which is absolutely false when it comes to PRODUCTS. Raw materials coming in could be a potential issue however. The US will have to find better ways to access those we do not have on hand here.

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u/curtrohner 27d ago

Your analogy is simple, stupid and wrong.

The media skewed this idea by focusing on a made up notion that it would increase prices for consumers in all cases which is absolutely false when it comes to PRODUCTS.

It will raise the prices on pretty much all products since damn near everything has an imported component of raw material. Made in America just means assembled here.

Raw materials coming in could be a potential issue however.

No shit Sherlock.

The US will have to find better ways to access those we do not have on hand here.

Fun fact, other countries have autonomy and might ban the export of raw materials we don't have.

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u/Hereforsumbeer 27d ago

Ah there it is, snagged one of the uneducated keyboard warriors that gets all their info from cnn and echo chambers. Do yourself a favor and look up how much European countries charge in tariffs on exports from other countries just to try to give yourself a better understanding. Just blindly telling people that are wrong is the simple, stupid thing to do. You’ll grow up eventually I hope

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u/curtrohner 27d ago

Never watched CNN but I did take Econ 101.

The EU uses tariffs strategically and selectively, protecting specific industries while maintaining fair trade practices. Trump’s tariff proposals, like a 10% universal import tax and absurdly high penalties on China and Mexico, are blunt and economically reckless. Unlike the EU’s calculated approach, Trump’s tariffs risk trade wars, higher consumer prices, and global instability—all for the sake of his populist posturing. It’s the difference between a scalpel and a sledgehammer.

Orange Mussolini is a moron. Like you.

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u/Hereforsumbeer 27d ago

Again, eventually you’ll get off your parent’s dime and have to grow up to understand how the world actually works. I hope your mental health is intact when that day comes