The price of tarrifs have now been passed onto the American people by local businesses.
Tarrifs = Tax
Wait you mean the thing everybody with more than two brain cells to rub together has been saying since Trump started talking about tariffs? No way!
Once again the entirely predictable outcome has come to pass and MAGA are shocked that reality continues to ignore their fervent delusions.
I mean… it always was unsustainable…
so where are we at? what are the tarrifs? Its like everyday its new numbers.
I purchase many components directly from China for business purposes (Engineering R&D, machinery, etc). Just received an item last week with an $1100 purchase price. The import duty we paid on that single item was $2100. It doesn’t really quite sink in until you sign the actual bill.
I had a machine redirected to an alternative facility in another country because the import duty was around $26K for a $13K piece of equipment. There is no alternative supplier in either case. Unless you want to spend $300K for a custom one off build.