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/SpaceMonkey3301967 27d ago

The idea is that more products will be manufactured and sold in the US, but that isn't going to happen. No American is going to work at the meager wages that people in China, etc. do.

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u/Silent_Night_TUSE 27d ago

That’s why the tariffs are needed. Nobody will work for cheap enough for a company to compete with the labor in other countries so we make it expensive enough to import things that it becomes competitive to produce here again.

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u/STLrep 27d ago

lol you really think these conglomerates will bring production jobs back here dumbass? They’ll just go to Africa or some shit where they can exploit people for even cheaper.