vegeta@lemmy.world to politics @lemmy.world · 1 year agoFord hikes prices on Mexico-produced models, citing tariffs: Reuterswww.cnbc.comexternal-linkmessage-square3linkfedilinkarrow-up169arrow-down10cross-posted to: conservative@lemm.ee
arrow-up169arrow-down1external-linkFord hikes prices on Mexico-produced models, citing tariffs: Reuterswww.cnbc.comvegeta@lemmy.world to politics @lemmy.world · 1 year agomessage-square3linkfedilinkcross-posted to: conservative@lemm.ee
minus-squareNarrativeBear@lemmy.worldlinkfedilinkarrow-up17·1 year agoTariffs = Taxs A tax that is paid by ultimately the consumers of a product. This “tax” is collected by the local government from local importers. Importers pass the costs of this tax on to local consumers. Other countries do not pay the “hard costs”.
Tariffs = Taxs
A tax that is paid by ultimately the consumers of a product.
This “tax” is collected by the local government from local importers. Importers pass the costs of this tax on to local consumers. Other countries do not pay the “hard costs”.