Comment on How Will We Know If The Trump Tariffs Were A Good Idea?
Nikls94@lemmy.world 6 days ago
A lot more people will be unable to acquire a lot of things. There will be a lot more crime.
The higher tariffs are paid by the importers, who make the customer pay for that. And considering that the minimum wage is now below the poverty line, a lot of electronics, even necessities like washing machines and fridges, will be unaffordable by some people.
And what is the result when a lot of people can’t afford basic necessities? Crime.
Give it a year.
DrownedRats@lemmy.world 5 days ago
On the bright side, ill bet the smuggling business will be booming over the next few years!