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Fox viewers STILL imagine that foreign exporters will simply reduce their profit margins to 0, or even go into debt, for the privilege of selling trinkets to Americans. (sh.itjust.works)
submitted 3 weeks ago by Yerbouti@sh.itjust.works to c/microblogmemes@lemmy.world
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[-] Katana314@lemmy.world 2 points 3 weeks ago

Thing is, we’ve seen it at least a few times. Nintendo, for instance, did not increase the Switch 2 price. Many companies are afraid of adding a “tariff tax” label on goods.

I personally don’t understand it. What I’ve heard is that part of the issue is when companies are in many fields, the government could choose to retaliate on any of them. Reject their H1B visas when they set higher product prices, for instance.

[-] lorty@lemmy.ml 1 points 3 weeks ago

The switch 2 is also produced, in some capacity, in Vietnam. Apparently all the production from there is being redirected to the US to avoid tariffs, for now anyway.

this post was submitted on 29 Apr 2025
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Microblog Memes

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