Real life effect of tariff
Daughter’s washer died and when she went to replace it at a large box retailer, the price of foreign washers had increased $100. So in response to the market change, The US manufacturers also increased by the same $100. In the end the consumers pays either way.
Daughter’s washer died and when she went to replace it at a large box retailer, the price of foreign washers had increased $100. So in response to the market change, The US manufacturers also increased by the same $100. In the end the consumers pays either way.