Trump's law of the jungle means U.S. trade deals aren't worth the paper they're printed on, trade expert warns
Longpork3 @ Longpork3 @lemmy.nz Posts 0Comments 128Joined 1 yr. ago
Longpork3 @ Longpork3 @lemmy.nz
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It's not just counter-tariffs. There are very few American companies with a completely internal supply chain. Every tariff US companies pay on their parts, materials, and outsourced labour inflate the price they then need to charge onwards, making US products themselves more expensive.