Some tariffs are fine. These tariffs are a disaster. There are some companies that could eat the increased costs (or at least a large percentage of them) and still make a healthy amount of profit overall, but they won't. They'd rather import less and/or jack up prices until people are priced out of things they'd normally buy. Some companies are fine with turning what used to be common purchases into luxury items available only to a small number of people.
If these tariffs continue for long, it'll mean many more people needing to put up with having a lot less.
Some tariffs are fine. These tariffs are a disaster. There are some companies that could eat the increased costs (or at least a large percentage of them) and still make a healthy amount of profit overall, but they won't. They'd rather import less and/or jack up prices until people are priced out of things they'd normally buy. Some companies are fine with turning what used to be common purchases into luxury items available only to a small number of people.
If these tariffs continue for long, it'll mean many more people needing to put up with having a lot less.