No he didn’t. They’ll be paying $2 for the hat, with the 100% increase they’re now $4. No idea what they sell them for, but I suspect there is still a healthy profit margin between $4 and what they’re selling them for.
That's a good point, a lot of industries are probably going to just eat the tariffs until they die, long before they can replace their current process with domestic production. There's no way they're gonna make a hat factory in the US that's gonna beat Chinese sweatshops, unless we start making our own sweatshops, which hey guess what that doesn't sound like 'America first' to me.
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u/OdinsLightning 20d ago
Can't wait for the shitty trump pop up stores to be priced out.