As for harder.. nah.. we got history books telling us how these things play out (not well).
In a way this represents a redistribution of wealth away from the rich, which is what I think a lot of people want (though maybe they’d wish it wasn’t away from them)
It will surely hurt Americans.
Why should the federal government have the power to mandate business processes that reduce transparency? They don't want income taxes automatically filed so we can see what the government is "stealing" from the public. Can't have a VAT because that's hidden. But import taxes have to be hidden?
But for tariffs? No no we can't let people see THOSE!
The hypocrisy is outstanding.
It’s a terrible metric to show because it’s not like they are buying these things in single pieces - they get the products in bulk from Chinese suppliers presumably at a discount. I am not sure of the point of including this - it is sort of like when you go to a restaurant and they add some stupid service charge on your bill as a protest against something like paying their workers more because wage went up
But yes, the same principle applies: huge retailers negotiate for better margin. Any tax on the retailer can be theoretically negotiated back to the seller.
For all we know, this actually was planned by Amazon and Bezos did intervene to change their mind.
One way or another, prices are going up. Your dollar doesn’t go as far. Trump can say whatever he wants about fair deals and fake news but the reality is inescapable for us
gnabgib•9mo ago