• UnderpantsWeevil@lemmy.world
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    5 days ago

    The importers are then able to attempt to get restitution

    They can certainly try. Idk how long they’ll need to wait before the Treasury starts cutting rebate checks.

    Meanwhile the prices were raised downstream

    The tariff rates far exceeded the inflation rate. And inflation has been driven by a host of non-tariff factors - AI driven chip shortages, supply chain disruptions at the Suez and the Panama canal, labor shortages driven by our pogrom against migrants.

    Trump policy is shit. But it isn’t exclusively bound up in the tariffs. If anything, his tariff policies seem to be his least disastrous, as there’s been some degree of insourcing as a result