Brutkey

Stefano
@StefanoL@mstdn.ca

@georgetakei@universeodon.com That's crazy, wait until he finds out it will cost him at least $130 if the importer decides to pass the entire tariff onto the consumer, though I don't think this will happen. That's just nuts thinking this way and not at least informing themselves of what the tariff really means. Here in Canada there are people who think that the exporters have to flip the bill and even some of the news outlets are saying this is going to cost companies money, not in the tariffs but in loss revenues perhaps but they don't explain that and therefore people even here assume that Canada has to pay the tariffs.

Duckbilled Plattypus.
@pattykimura@beige.party

@StefanoL@mstdn.ca

Why would anyone whose business operations requires profit absorb the tariff cost long term and give up profit? You seem to express an odd view about how capitalist/corporation operate. CEOs have a legal duty to create profit to repay and enrich their investors/stockholders whose money they took. Capitalism is not charity, and does not operate on "feelings" or the mistaken view about how a defacto tax on goods in a tariff is paid.

@georgetakei@universeodon.com

Kirsty
@Kirsty@theblower.au

@StefanoL@mstdn.ca @georgetakei@universeodon.com
Why wouldn’t they pass on the full tariff?
They may pass on more.
If prices are calculated at a %margin over landed cost - then they could be $140 now.