President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors.
If there is no alternative from US, the price of that product category as whole will rise, ultimately being paid by US citizens, meaning it is just a hidden tax rise 😘
Read all of the comments here. We were not discussing driving up prices, we were discussing tariffs on American products, which don’t exists, because that’s not how tariffs work.
This feels like semantics. Sure, domestically made products wouldn’t have tariffs directly applied. But they will still increase in price as a result of this policy.
Which most of us here have reduced to “prices will rise on USA made products as a result of these tariffs”.
So yes, tariffs aren’t applied to domestic productions directly, but the end product will still cost more and the reason will be the tariffs.
What about situations where there are no alternative us made products
Then there are no US products to affect?
Are you a troll?
Or do you really not get it??
I honestly don’t get whatever “it” is. Again, if you don’t understand what a tariff is, it’s very simple to look it up. Don’t take my word for it.
If there is no alternative from US, the price of that product category as whole will rise, ultimately being paid by US citizens, meaning it is just a hidden tax rise 😘
Read all of the comments here, there are many stating why this would drive costs way up.
Read all of the comments here. We were not discussing driving up prices, we were discussing tariffs on American products, which don’t exists, because that’s not how tariffs work.
This feels like semantics. Sure, domestically made products wouldn’t have tariffs directly applied. But they will still increase in price as a result of this policy.
Which most of us here have reduced to “prices will rise on USA made products as a result of these tariffs”.
So yes, tariffs aren’t applied to domestic productions directly, but the end product will still cost more and the reason will be the tariffs.
I think we agree now, yes?