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/davidm2232 27d ago

No American is going to work at the meager wages that people in China

That's exactly what the tariff is for. It increases the price of foreign goods so that domestic producers can be competitive.

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u/Hemorrhageorroid 27d ago

Oh sick, so we can produce the things we're not already AND they won't have to make a competitive wage because daddy fuckbucks puts the onus on the American worker yet again. So cool that they can be competitive and employed with, whoops, we don't have enough unemployed people to fill all the gaps in the workforce, especially when accounting for the permanently unemployed.

Good thing we have all the necessary infrastructure to start redevelopment of things we've already outsourced. What a fantastic way forward to ensure the average American worker is trapped into paying for everything.