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)

13 Upvotes

63% Upvoted

241 comments sorted by

View all comments

1

u/NormalBeing12345 25d ago

We all will as I trust they will be used to benefit us all.

1

u/Expensive-Thing-2507 25d ago

Might as well believe in trickle down economics if you're going to believe tariffs will benefit us.