https://www.wsj.com/business/retail/trump-tariffs-warnings-retailer-sales-fc270ca9?mod=hp_lead_pos1
“There is a misconception that the countries exporting goods will bear the cost of the tariffs, but that is simply not true,” Arnold said. Rather, she added, price increases will be passed on to consumers.
Hopefully, President Trump asked PM Trudeau to export eggs to US.
ReplyDeleteYes, the point is that Americans will buy American eggs which will be must cheaper than the imports.
ReplyDeleteHere's the other thing you're missing; most of what America imports in terms of basic goods are things that they can produce in America, just not as cheaply.
Costs will go up for the average American but the lost business to Canada and Mexico will be crippling.