That’s a feature not a bug. If tariffs increase import prices by 10%, people are less likely to notice a 15% increase at the point of sale. Not to mention domestic products that despite not being subject to tariffs will still increase in price to come in just below imports.
All of this is designed to put more money in the oligarchs’ pockets.
That’s a feature not a bug. If tariffs increase import prices by 10%, people are less likely to notice a 15% increase at the point of sale. Not to mention domestic products that despite not being subject to tariffs will still increase in price to come in just below imports.
All of this is designed to put more money in the oligarchs’ pockets.