silence7@slrpnk.net to News@lemmy.worldEnglish · 11 days agoHitler’s Terrible Tariffs: By seeking to “liberate” Germans from a globalized world order, the Nazi government sent the national economy careening backwards—and drove up the price of eggs 600 percent.www.theatlantic.comexternal-linkmessage-square147fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkHitler’s Terrible Tariffs: By seeking to “liberate” Germans from a globalized world order, the Nazi government sent the national economy careening backwards—and drove up the price of eggs 600 percent.www.theatlantic.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 11 days agomessage-square147fedilink
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up0·11 days agoWe export a lot of soybeans. Trump will be giving farmers lots of subsidies to pay them back for the counter tariffs (again). Generally speaking tariffs are harder on the nation that is exporting. China will be hit harder as they struggle to find other buyers.
minus-squareLit@lemmy.worldlinkfedilinkarrow-up0·11 days agoAmericans will still keep buying from china, they will just be paying higher tax.
We export a lot of soybeans. Trump will be giving farmers lots of subsidies to pay them back for the counter tariffs (again).
Generally speaking tariffs are harder on the nation that is exporting. China will be hit harder as they struggle to find other buyers.
Americans will still keep buying from china, they will just be paying higher tax.