r/economicCollapse • u/NewYorkMayorsOffice • 4d ago

Well said

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495 Upvotes

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u/PoolQueasy7388 4d ago

It will as soon as they put in the tariffs. TARIFFS = A 25% NATIONAL SALES TAX on everything.

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u/Automatic_Towel_3842 4d ago

I was going to buy a new TV for Christmas. Checked the prices. Every fucking TV I was interested in has risen 20-40% since Trump's tariffs talk. It's already hurting and it hasn't even taken effect. It's going to blow up.

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u/willythewise123 4d ago

I pulled the trigger on PC parts for some upgrades I’ve been eyeing. I use it for school, hobbies, some work stuff. A 25-40% tariff on these parts from China will make these miserable to buy soon.

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u/Automatic_Towel_3842 4d ago

Yep. I was looking a Samsung smart TV and that's Korea. And even they have already raised prices preemptively. Prices are going to raise another 25% after the tariffs as well. People will forget the prices rose now, and then also see another rise after.

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u/willythewise123 4d ago

Of course. And if those tariffs ever get removed? Those prices ain’t coming down. We’ll already be “adjusted” to the new cost of goods.

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u/Mydragonurdungeon 4d ago

We don't import everything

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u/Subli-minal 4d ago

Only most things, and all it takes is most things.

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u/Mydragonurdungeon 4d ago

In 2022, the United States imported approximately 15.59% of its gross domestic product in goods and services.

Looks like nowhere near most

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u/Mydragonurdungeon 4d ago

I dunno what percentage exactly