thedukeofearl
Well-Known Member
I explained that for you. You also misconstrued what I said. I said in the case of CHina, that's what happens. And it does. All of that gets passed back onto us with China taking none of the increased cost of tariffs.
Other countries level tariffs on us, but they are insignificant enough as to be non-existent. The BMW example you requoted from me is a perfect one. People who are in the market for brand new BMWs are not likely going to be the type of people who would be hurt by, or decide not to purchase if the price increased by $1,000. Totally inconsequential to our economy as a whole.
Same thing with avocados.
You have a repeating pattern (which I've mentioned numerous times) of losing an argument and then deflecting into poorly done arguments trying to discredit posters who give evidence-based statements that make more sense than your own. It's essentially the adult form of, "I know you are but what am I?"
China can just lower wages to cover the tariff cost
Workers have no say in the matter
Rather similar to slave labor
Ten % is pennies to them