Goldman sees 'significant' hit to US from Trump's Canada tariffs
Goldman sees 'significant' hit to US from Trump's Canada tariffs
finance.yahoo.com
Goldman sees 'significant' hit to US from Trump's Canada tariffs
7 comments
7 comments
Goldman sees 'significant' hit to US from Trump's Canada tariffs
Goldman sees 'significant' hit to US from Trump's Canada tariffs
I doubt it will work that way, but there is hope that the tarrifs in the USA cuts demand enough for the rest of the world to see prices going down. As not an American, that would be nice.
That usually raises prices.
I think @Kaput@lemmy.world may have meant "increases supply" instead of "cuts demand." Or maybe meant that the demand from the US market would decrease.
Less sales to the US market means that the rest of the world will have greater supply available. That would bring prices down outside the US.