Sorry, I
Should have specified. These tariffs are designed to reduce supply. Tariffs of 125% are designed to get foreign sellers to abandon the market. That is what has happened reducing supply.
They are also triggering boycotts overseas, reducing demand.
You’re thinking it’s a zero sim game in terms of production and pricing, when elastic. When prices rise, outside of their control, producers seek other markets or produce different products.
Sorry, I
Should have specified. These tariffs are designed to reduce supply. Tariffs of 125% are designed to get foreign sellers to abandon the market. That is what has happened reducing supply.
They are also triggering boycotts overseas, reducing demand.
You’re thinking it’s a zero sim game in terms of production and pricing, when elastic. When prices rise, outside of their control, producers seek other markets or produce different products.