Wait, I thought the end buyer paid the tariffs. We should get that money.
Originally Posted by Iceman
If the costs are carried over to the retailer or domestic seller, of course the end user pays them ultimately. Do you really think an importer is going to EAT that loss in profit? Nah
Plus, there is also the idea that if retailers think they could get away with selling things at inflated prices from where they are pre-tariff to where they are post tariff, why would they reduce the costs?
Why not just make more money off the stupid Americans who buy imported shit anyway- regardless if the tariffs are repealed?
That's my concern. Giant Eagle is selling 1 pd Folgers Columbian for 21.99. If customers buy at that price, why would they ever reduce it back to the pre pandemic prices of 6.00?
Same with beef, wine and more!!
Cat is out of the bag, and ALL of this falls straight from the guy who UNILATERALLY decided to enact tariffs vs Congress approving them. It's laughable that ANY of his base believed his bullshit lies about the reducing costs on anything like groceries or rising inflation. This has always been a retribution tour and completely fuck-all not about the consumers.
He couldn't give a single shit about them.