Yes, that’s how they work. The point of tarrif is to make the foreign goods expensive for consumer so that the cosumer would choose a cheaper alternative that is made in America but, when there are no alternatives. It’s just another kind of tax from the consumer.
Comment on Walmart says it will raise prices due to tariff costs after posting solid first quarter sales
BigMikeInAustin@lemmy.world 2 days agoChina isn’t paying the tariffs. And companies aren’t paying the tariffs. It all depends on the American consumer paying the tariffs.
meliodas_101@lemmy.world 1 day ago
lolrightythen@lemmy.world 2 days ago
I’ll be going without for as long as I possibly can - (not just Walmart). I’d expect them to be able to hold out for longer, but I’ve been training my whole life for this whereas they are just greedy assholes.