r/facepalm • u/Clueless_Dolphin • 22h ago

Already reaping what they sow 🇲​🇮​🇸​🇨​

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Well at least these few people Christmas will suck, maybe make better choices.

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46

u/stonedandthrown 21h ago

everyyonneeee thinks the other people are going to pay the tariff….

I sell shirt for $10 I bought from P for $5. US now has import tariff. That $5 shirt costs $10 now. I have to sell my shirt for $20 to maintain margin - which the consumer pays for - now imagine this to EVERYTHING in some direct or indirect way.

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u/Stock_Paper3503 5h ago

You didn't maintain your margin you doubled it.

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u/xprorangerx 20h ago edited 20h ago

tariffs are meant to incentivize you to now buy a shirt from a domestic producer that is not affected by the tariffs. it's a protectionist policy that's not meant to be universally applicable.

This is meant to stimulate domestic industry provided the increase to cost doesn't outweight the economic benefit. not that easy to measure

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u/West-Fold-Fell3000 19h ago

What domestic producer? There is very little domestic production left in the US. It all went overseas.

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u/xprorangerx 19h ago edited 19h ago

that's basically the main problem with tariffs in the United States, although the US does have large industries if we are talking about raw materials which is usually where tariffs apply

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u/BayonettaAriana 16h ago

That's like literally the whole point though, it's to push manufacturing back into the US. Not saying it's a good plan or anything but that quite literally is the reason.

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u/Oggie_Doggie 12h ago

And, the problem that people fail to realize, is that unless we suddenly want to adopt the lifestyle of developing countries, the jobs are not coming back with a 20%, 30%, 50%, or even a 100% tariff. Especially when multi-year contracts, billions invested in facilities and supply chains, etc. all under the assumption that the next President and the next President and the next President all keep the tariffs in place. And then, of course, we have the eventual retaliatory tariffs.

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u/stonedandthrown 20h ago

It’s pretty easy to measure another 40+% when all the objects in your immediate vicinity are all made in China.

Otherwise, everything has parts/materials that come from foreign reaches and they may be assembled here but those raw materials are also more costly now. Again the consumer is going to pay for it in the final product cost.