[EBH]

Explain to me how tariffs won’t drive up prices.

Conservatives can be such a fickle bunch when it comes to tariffs and taxes. If a democrat does it, it raises prices and that’s a proven truth. But when a republican does it...it won’t?

If I am a China business person or even an American producer looking at a 25% tariff at port of entry, why wouldn’t I adjust pricing to offset that tax?

[Vermont Lt]

Because they are not going to be “dumped” on the market. They will be used as as stick to get the countries to “move” in their negotiations.

People have to stop focusing on the bluster, and more on the actions. Trump used tariffs effectively the first term. Why would it be different now?

[central_va]

I will explain. There is a thing called a profit margin. The manufacturer has their profit margin. The middlemen have theirs. Then the retailers marks it up again. By the time you buy it in Walmart it has been marked up 3 times, close to 30%

So now there is a 10% tariff. The manufacturer "eats" 3.3% of their profit margin, the middle man "eats" 3.3% and the retail "eats" 1%. The net effect is a 2-3% increase of the RETAIL price, not 10%.

[Hattie]

Were you alive 8 years ago when Trump was elected President for 4 years? There was note even a mention of inflation in those years.
Rest easy; we are in good hands.