Comment on Trump scraps tariffs on beef, coffee and tropical fruit in a push to lower grocery store prices

ininewcrow@lemmy.ca ⁨2⁩ ⁨days⁩ ago

Like many have pointed out … the tariffs have raised prices for consumers.

By lowering tariffs again, the savings will go to the corporations because they’ll keep prices high and pocket the difference. People are already conditioned to the current prices. They might grumble for a while, but after a month, it will all be normalized again. Prices are high and they’re going to stay high.

It may have been the reason behind raising tariffs in the first place.

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