« How tariffs work » by Bruce MacKinnon - cartoon ➡️ Droits de #Douane #Tariffs #USA #Canada #Mexico and soon… #Europe ? - ThreadSky

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seayou.bsky.social • 24 days ago

« How tariffs work »
by Bruce MacKinnon - cartoon
➡️ Droits de #Douane #Tariffs #USA #Canada #Mexico and soon… #Europe ?

Comments

paulhiggins551708.bsky.social•24 days ago

Tariffs may well be the reason why Trump will lose both houses in the mid-term elections and, no doubt, a contributing factor to his defeat in 4 years

seayou.bsky.social•24 days ago

hope so …

j3ffj.bsky.social•24 days ago

Very accurate

argignac.bsky.social•24 days ago

That's one golden shower he's not about to forget.

netschonwerder.bsky.social•24 days ago

Thats not how tariffs work.
Average americans pay for it.
Trump lowers taxes for millionaires.
Media celebrates the greatest economy ever.
Thats how.

jayhay.bsky.social•23 days ago

The loss in net sales and the following loss of asset values will eliminate the gains from tax reductions. It's a lose-lose victory.

netschonwerder.bsky.social•23 days ago

Why ist there a loss in net sales?

jayhay.bsky.social•23 days ago

Tariffs have this effect. Higher cost, less sales.

jayhay.bsky.social•23 days ago

So manufacturers have a double whammy: lower sales, higher cost for raw and intermediate materials

jayhay.bsky.social•23 days ago

This lowers their revenues, reducing the net worth of assets

taptatorvkplay.bsky.social•24 days ago

thefrankaccount.bsky.social•24 days ago

Ewwwww. Auto golden showers.

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