WASHINGTON—In a historic outcome that promised to halt the rising scourge of the United States in its tracks, America has defeated America at the ballot box, sources confirmed Wednesday. “After 248 years of tense and often divisive conflict, we can finally say, as of this morning, that the nation turned out at the polls and delivered a decisive blow to the nation,” said electoral analyst Kurt Howitzer, describing the results as a remarkable triumph of the democratic experiment over democracy. “It’s a stunning turn of events. But it really shows the power of one citizenry to come together and prevail over themselves. The message was loud and clear: We are sick and tired of our country, and we want it to end.” At press time, millions of emotional Americans had reportedly gathered on the National Mall in an impromptu celebration of their resounding victory over the forces of liberty and equality.
Because applying an import tax, regardless of the fact that Americans pay it, creates a reduction in demand for that product, and therefore a motivation for the foreign exporters to try to lower their prices to compensate and keep the price the same for the America customer.
The logic only works if the US is assumed to be too big to fail and that the exporter can not absorb the reduction in sales to America
Russia and china must be throwing a party right now
Plus, 1st round of tariffs worked ao well for US economy /s
I believe the onion app headline was “America defeats America.” I couldn’t have put it better myself. It’s a shame.
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I still don’t understand why he or his followers don’t know how tariffs work. Do they know they have to pay them, not we?
It’s like he’s hitting himself in the face and says he’ll only stop when he gets what he wants.
Because applying an import tax, regardless of the fact that Americans pay it, creates a reduction in demand for that product, and therefore a motivation for the foreign exporters to try to lower their prices to compensate and keep the price the same for the America customer.
The logic only works if the US is assumed to be too big to fail and that the exporter can not absorb the reduction in sales to America