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swirlie · 31-35, F
What regime are you talking about?
swirlie · 31-35, F
@zonavar68
Oh yes, it definitely affects buying stuff from the USA.
For example, if Canada wanted to import cars from the USA to Canada, Canadians would have to pay 25% more for the car because of a 25% reciprocal tariff that the Canadian government imposes onto American imported goods which arrive in Canada.
What this means is, Canadians have to pay that 25% when they buy a car and that tariff money goes to the Canadian government, not the US government.
That is why if Canada exports stuff to the USA like steel for example, Americans will pay a 25% tariff on those Canadian-made items that steel is made of and will pay that US-imposed tariff to the US government, not the Canadian government.
That is why Trump likes tariffs because it is the American consumer who pays the tariff, not the country who is exporting their goods TO the USA.
What tariffs are is a tax, somewhat like sales tax. But because Americans don't like to pay taxes of any kind, 'tariffs' are used to mask the fact that Americans are being charged an otherwise hidden tax when they purchase imported goods from other countries that end up on store shelves in the USA.
Oh yes, it definitely affects buying stuff from the USA.
For example, if Canada wanted to import cars from the USA to Canada, Canadians would have to pay 25% more for the car because of a 25% reciprocal tariff that the Canadian government imposes onto American imported goods which arrive in Canada.
What this means is, Canadians have to pay that 25% when they buy a car and that tariff money goes to the Canadian government, not the US government.
That is why if Canada exports stuff to the USA like steel for example, Americans will pay a 25% tariff on those Canadian-made items that steel is made of and will pay that US-imposed tariff to the US government, not the Canadian government.
That is why Trump likes tariffs because it is the American consumer who pays the tariff, not the country who is exporting their goods TO the USA.
What tariffs are is a tax, somewhat like sales tax. But because Americans don't like to pay taxes of any kind, 'tariffs' are used to mask the fact that Americans are being charged an otherwise hidden tax when they purchase imported goods from other countries that end up on store shelves in the USA.


