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[quote=Anonymous][quote=Anonymous]I also agree Americans will be fine. Companies can try to pass on the increased costs due to tariffs but consumers can just stop buying those items or find another cheaper producer. There is no shortage of poor people in the world who will make things for less than the current producers.[/quote] Tariffs are taxes imposed on imports. This raises costs for importers ( Home Depot, Best Buy, anyone who sells berries), so they will pass those on in the form of higher prices. Producers who move production to other third countries are just signing up for whatever tariffs the US imposes on those countries. The goal is to move production back to the US, but the prices will stay high, as costs to produce here are higher. US factories are heavily automated as a result, so don't look for a lot of job creation.[/quote]
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