Consume Tariffs
(media.scored.co)
New here?
Create an account to submit posts, participate in discussions and chat with people.
You are viewing a single comment's thread. View all
Toast message
If this is the goal then the govt. is incentivized to minimize domestic production and import food and goods to maximize tarrif revenue. Especially of inelastic demanded goods where the higher price does not depress demand. The spending on these goods reduces discretionary spending.
You might trust Trump on this but what happens in the long term?
Sounds like the %age spent on food will increase.
I guess this supports the goals of ConPro to reduce consuming but I would rather have $ than not.