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    Trump tariffs and the debate over economic damage and who pays

    A user says they see none of the economic damage they expected from Trump’s tariffs. Replies cite a Canadian firm's reported U.S. factory project and argue that foreign sellers absorb tariff costs.

    Tarun RajuTR
    Eric S. RaymondES
    Some GuySG
    4 Sources, 20d ago, first seen 20d ago

    TLDR

    A user who expected Trump’s tariffs to be disastrous said they saw no noticeable harm to the U.S. economy, pointing to business activity, consumption, unemployment and stocks. One reply said a Canadian mattress firm that a relative buys from was building a North Carolina factory to avoid tariffs. Another argued that foreign sellers absorb tariff costs because they must compete for U.S. demand.

    Separately, a user described shared visuals as panic-buying of Indian groceries and vegetables before tariffs took effect, then posed a hypothetical about supermarket prices doubling once stocks ran out.

    Combined views

    474.7K

    4 Sources, first seen 20d ago

    4.6K likes755 comments617 saves315 reposts

    Combined views

    474.7K

    4 Sources, first seen 20d ago

    4.6K likes755 comments617 saves315 reposts

    Sentiment

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    Sentiment

    Positive——Negative

    Summary

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    4 Sources

    Tarun Raju@btarunrThese are visuals from just before when tariffs came into effect, when there was panic-buying of Indian groceries and vegetables. Imagine everything is going to be +100% in your local supermarket when the stocks run out. What do you do?20d
    Eric S. Raymond@esrtweetI expected the Trump tariffs to be a disaster. I'm puzzled by what I'm not seeing. They don't seem to have harmed the US economy in any way I can notice with my eyeballs or in the statistics. Business activity is booming, unemployment seems to be low, household consumption is up, stock market seems to be doing fine. Is my whole model of trade and economics broken? How is he getting away with this?20d
    Some Guy@SmorglesBord@esrtweet A Canadian mattress firm that a relative buys from is building a factory, in North Carolina in order to avoid the tariffs and remain cost competitive for their USA customers. Crazy but true; the money multiplier effect will kick in once they go live, benefiting the local economy20d
    Coriolanus@Coriolanus9000@esrtweet In international trade there is far more supply than demand. America is most of the demand. Therefore sellers have to compete for our business, so they absorb the tariffs. Prior to Trump the rest of the world was printing money off retarded US trade policy.20d
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    4 Sources

    Tarun Raju@btarunrThese are visuals from just before when tariffs came into effect, when there was panic-buying of Indian groceries and vegetables. Imagine everything is going to be +100% in your local supermarket when the stocks run out. What do you do?20d
    Eric S. Raymond@esrtweetI expected the Trump tariffs to be a disaster. I'm puzzled by what I'm not seeing. They don't seem to have harmed the US economy in any way I can notice with my eyeballs or in the statistics. Business activity is booming, unemployment seems to be low, household consumption is up, stock market seems to be doing fine. Is my whole model of trade and economics broken? How is he getting away with this?20d
    Some Guy@SmorglesBord@esrtweet A Canadian mattress firm that a relative buys from is building a factory, in North Carolina in order to avoid the tariffs and remain cost competitive for their USA customers. Crazy but true; the money multiplier effect will kick in once they go live, benefiting the local economy20d
    Coriolanus@Coriolanus9000@esrtweet In international trade there is far more supply than demand. America is most of the demand. Therefore sellers have to compete for our business, so they absorb the tariffs. Prior to Trump the rest of the world was printing money off retarded US trade policy.20d
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