No shit?
this post was submitted on 22 Jul 2025
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Literally my thoughts
Big if true
/s
No shit.
Also, one effect people are not often taking into account is that this will cripple exports that rely on raw or intermediate materials produced elsewhere. Making them less attractive in comparison with goods that avoid USA altogether in the production chain. All that surplus value, that would be extracted from people around the world? Gone.
I wish it were true, but its not entirely true. Customers in the US are asking the companies for help with the tariffs. In some cases the companies are agreeing to not lose a sale. This mostly applies to very expensive items that the general public do not buy. It has happened to the company I work for.
I expect on every day smaller value items it is true but sadly not in all cases.