• @Back_it_up@lemmy.ca
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    -314 days ago

    Or, they just pay the tariff themselves. Could you imagine China going, “Cool bro, we’ll just absorb the cost ourselves. Now what?”

    • @JcbAzPx@lemmy.world
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      1214 days ago

      That wouldn’t really do much for China. The reason the tariffs hurt us is that we sent all our manufacturing to them (along with a few other countries). So the tariffs only make our stuff cost more. Footing the bill like that would just weaken China’s position.

    • @Snowclone@lemmy.world
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      214 days ago

      What would happen is the US dollar would be weaker, profits selling to the US weakened. It would still harm us primarily.