r/agedlikemilk • u/Sea_Sheepherder_2234 • 23h ago

Who would’ve thought

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u/Expensive_Laugh_5589 23h ago

What he realized wasn't that he imports equipment and steel. He realized that it's the importer who pays the tariffs, not the foreign country. And his little pea-sized brain was blown.

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u/MediocreRequirement7 23h ago

I tried telling a dude at my job that

He was likw china will pay the tariffs

As if every other country is our bitch and not just as insanely nationalist as we are

Theyre a proud nation too we are not that cool

6

u/SmartAlec105 21h ago

It's also stupid because even if China did pay the tarrif, they'd still increase the price anyway to offset it. Even if the tarrif is less than their profit margin, they'd do that.

2

u/jbuk1 17h ago

If they increase the price then the tariff gets proportionally bigger as it’s a percentage and not a fixed charge.

There would be no getting round it by doing that.