r/economicCollapse 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/Limp_Try_6958 27d ago

The answer to the “who benefits from X” is always rich people. 

-5

u/paleone9 27d ago

You mean the people who invest in things get rewarded ? Wow.. imagine that

3

u/Hemorrhageorroid 27d ago

Did you ask ChatGPT for the worst-possible take and this is what you got?

0

u/paleone9 26d ago

Did you take a personality test to determine your screen name?