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Re:China to raise reciprocal tariffs on U.S. goods to 84% by st3fan on Wednesday April 09, 2025 @09:15AM (#43631706)
"more expensive" -> "double the price"
Re:China to raise reciprocal tariffs on U.S. goods to 84% by nailer on Wednesday April 09, 2025 @09:34AM (#43631888)
Not quite. Tariffs, at least existing ones, are not exclusively borne by the consumer.
Re:China to raise reciprocal tariffs on U.S. goods to 84% by yadong on Wednesday April 09, 2025 @10:17AM (#43632429)
depends on the things being imported/exported, prices might be more than double, because the final products might need components that cross borders multiple times.
Re:China to raise reciprocal tariffs on U.S. goods to 84% by JohnFen on Wednesday April 09, 2025 @09:40AM (#43631962)
How true that is depends entirely on whether or not the importers decide to eat the extra cost.
Re:China to raise reciprocal tariffs on U.S. goods to 84% by robocat on Thursday April 10, 2025 @01:25AM (#43640907)
They can reduce costs, or reduce profits. Costs are usually fairly fixed. If profits decrease, I'm guessing it's often better to decide against selling the item (given that profit is the incentive to sell).