Why was a study needed for this? That's just how tarrifs work...
Any tax imposed will always be split between seller and buyer in the market. If the buyer needs to pay a higher price they will buy less, but due to the increase being spent solely on the tax none of it ends up at the seller and they also earn less.
The degree to which each party "pays" for the tax depends on things like their ability to pivot to alternatives. Turns out that if you impose blanket tariffs on every single thing ever made anywhere on Earth all at once, and you have nowhere near the capabilities to produce all of that domestically in the short term, that you end up having to suck it up if you plan on buying anything (using parts) from abroad.
And I doubt such bold ideas as "let's upend entire global supply chains that have been built over decades on the vague notion that somehow the entire world collectively has been able to inflict harm upon the United States unnoticed and unpunished and I, the acting president of Venezuela, am the first American to ever notice this" uttered by someone who the rest of the world expects to be replaced by someone less... "imaginative" as this guy in less than 4 years (Lord what a long sentence) are enticing entrepreneurs to invest in moving every supply chain for every product on Earth to be entirely produced in the US.
As long as the rest of the world keeps producing as they are, you're dependent on American firms popping up to do it instead. But any businessowner of the scale required to be up for the task knows that proper international trade creates maximum wealth (which is extra nice for them because America is not traditionally known for redistributing this newfound wealth) and would prefer that. And if anyone willing to start one anyway despite all that also believes that this will all be over in 3 years, they'll never bother to engage in any process longer than that to start a business. And even despite all that, there's no guarantee that any American good will be of equal or better quality or price than a foreign good just because it was made fully in America. Especially if the idea is that this will be the case for everything on Earth. It's fully possible that you'll "hurt" the foreign companies (they'll just sell amongst themselves, it's the entire rest of the world, they'll figure something out) and end up in a situation where Americans have inferior goods at higher prices.
TL;DR: Tariffs do not necessarily lead to consumers paying for most or all of the tariff. Blanket tariffs just because are profoundly stupid and lead to consumers shouldering the burden.
(I don't know why I was moved to write such a long comment for such a minor technical difference)
Because Magats and the GOP insist everyone else is eating the tariff costs.
And will still do so despite this study.
You can't reason someone out of an unreasonable position.
You can't use logic to get someone out of something they didn't use logic to get into.
Tariffs are just an extra tax. It might force some companies to lower their margins, but of course most of it falls to the consumer in increased prices.
No shit
Grass is green, water is wet, and retaliatory tariffs are fucking stupid.
The real surprise, as someone who is not living in the US, is that people just seem to be able to pay the extra ?
I'm sure there must be people under extreme hardship, but it doesn't seem to be having any effect on the political dialog, or support for Trump?
Like he's totally fucked so many Primary Producers, but there's no outcry.
A community for discussing events around the World
Rule 1: posts have the following requirements:
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF OCTOBER 19 2025
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/