this post was submitted on 07 Nov 2024
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[–] SomeGuy69@lemmy.world 20 points 1 month ago (1 children)

I hate this because for Europe it will become expensive too, just for the heck of it.

[–] clark@midwest.social 3 points 1 month ago (1 children)

Do his tariffs affect exports to the EU as well? Idk economics and I wanna buy a Framework laprop next year

[–] Kolanaki@yiffit.net 22 points 1 month ago (2 children)

If country A sells most of an export to country B and country B makes it harder for country A to sell to country B, country A may raise prices for countries C, D and E to make up for the losses caused by country B.

[–] disgrunty@lemmy.world 14 points 1 month ago (1 children)

So what I'm hearing is, we should all be very mad with the Americans?

[–] Dasus@lemmy.world 10 points 1 month ago* (last edited 1 month ago) (1 children)

A bit over a half of them, yeah. (I do realise that voters aren't 100% of the population but)

[–] m4xie@lemmy.blahaj.zone 2 points 1 month ago (1 children)

Eligible voters that chose not to, were they just fine either way?

[–] Dasus@lemmy.world 1 points 1 month ago

Yeah those fuckers would be included, which is why the figure doesn't work but also getting too pedantic would make it far less quippy, so...

[–] d00ery@lemmy.world 1 points 1 month ago* (last edited 1 month ago) (1 children)

Could country A try to decrease exports to country B and increase exports to country C, D, and E, perhaps by lowering the cost in C, D, and E?

I don't have any evidence for, and this document is just too long for me to read at this late hour. [IMF - Macroeconomic Consequences of Tariffs](Macroeconomic Consequences of Tariffs. https://www.imf.org/-/media/Files/Publications/WP/2019/wp1909.ashx)

[–] Buddahriffic@lemmy.world 3 points 1 month ago

Yeah, I'd think they're going to produce what they are going to produce and will adjust allocation and prices to accommodate the demand change in the tariff country.