The Detroit Regional Chamber warned that tariffs would cause businesses to purchase fewer products, hire fewer workers and raise prices. Latest updates: bloom.bg/3QK7Q0v - ThreadSky

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bloomberg.com • 4 days ago

The Detroit Regional Chamber warned that tariffs would cause businesses to purchase fewer products, hire fewer workers and raise prices.

Latest updates: https://bloom.bg/3QK7Q0v

Comments

lproulx.bsky.social•4 days ago

Context? Really?

michaelstutesman.bsky.social•4 days ago

https://bsky.app/profile/michaelstutesman.bsky.social/post/3ljlgxrvsfc2a

davidsp72.bsky.social•4 days ago

Needs context? It’s a bald-faced fuckin lie.

misrothian.bsky.social•4 days ago

Yes! Producers cannot directly pass on the costs to consumers. But taxes/tariffs force them to reduce production. And that will lead to higher prices. So the higher the taxes/tariffs, the less production, the higher the prices, the lower the standard of living.

grewalg.bsky.social•4 days ago

I drive F-150 Lightning. It has 35,000 miles. And I’ve paid $500 bucks to charge it. Rest of it was charged through solar panels.

That’s 2000 gallons of fuel.

Stupid orange man.