• RememberTheApollo_@lemmy.world
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    5 months ago

    Tariffs would likely be harsher on Asia products. So expensive stuff might not get much more expensive at all. The cheap stuff would get much more expensive.

    Meaning there’d be a bigger cost percentage increase for the people who already can’t afford it. A double whammy.

    That’s pretty much what I said.

    • JohnDClay
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      5 months ago

      Not what I understood from it but okay. I thought you were saying rich people are better able to absorb the cost increase. I was saying the cost increase would also be less for rich people.