Hows your 97 k tp doing đ€Łđč
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Panda Traders
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Remember the day $BTC dumped right after Trump announced the tariffs? Hereâs an interesting detail.đ©đ©đ©đ©đ©đ©đ©đ©đ©đ©đ©
The United States is the target of Trumpâs tariffs, not my other country
According to a study by the Kiel Institute for the World Economy, Americans both consumers and businesses .. pay 96% of the price of US trade tariffs. Just 4% of the burden is borne by foreign exporters.
In actuality, tariffs function similarly to a covert domestic tax: imports become more costly, expenses are transferred to businesses and consumers, and foreign companies seldom lower prices; instead, they cut back on shipments or move to other markets.
So, the U.S. economy paid the nearly $200 billion in tariff revenue rather than the âexternal playersâ that the tariffs were intended to target.
So Trump is genius or people are just too NaiveđŒ
The United States is the target of Trumpâs tariffs, not my other country
According to a study by the Kiel Institute for the World Economy, Americans both consumers and businesses .. pay 96% of the price of US trade tariffs. Just 4% of the burden is borne by foreign exporters.
In actuality, tariffs function similarly to a covert domestic tax: imports become more costly, expenses are transferred to businesses and consumers, and foreign companies seldom lower prices; instead, they cut back on shipments or move to other markets.
So, the U.S. economy paid the nearly $200 billion in tariff revenue rather than the âexternal playersâ that the tariffs were intended to target.
So Trump is genius or people are just too NaiveđŒ
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