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How Tariffs Work (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 2 months ago

It obviously hurts the exports by artificially lowering demand by artificially increasing the cost on the importer. So it definitely hurts both. But layoffs are easy to make headlines over.

But it makes people feel better by imagining it only hurting the US.

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